Stock Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
PDL BioPharma, Inc (NASDAQ:PDLI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PDLI
The long term trend has been UP since Oct 3rd, 2018 at 2.660
The intermediate term trend has been DOWN since Dec 18th, 2018 at 2.860
The short term trend has been DOWN since Dec 6th, 2018 at 2.945
Smart Scan Analysis for PDLI
Based on a pre-defined weighted trend formula for chart analysis, PDLI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.16||Year High Date||2018-03-09|
|Year Low||2.25||Year Low Date||2018-09-17|
|52wk High||3.16||52wk High Date||2018-03-09|
|52wk Low||2.25||52wk Low Date||2018-09-17|
|Year End Close||7.04||Average Volume||2,161,189|
|Shares Outstanding||139,933||Short Interest||20,206,004|