Stock Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
PARAGON SHIPPING INC ORDINARY SHARES CL (NASDAQ:PRGNF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 PRGNF
The long term trend has been DOWN since Sep 22nd, 2016 at 0.310
The intermediate term trend has been DOWN since Dec 28th, 2016 at 0.120
The short term trend has been DOWN since Jun 12th, 2017 at 0.005
Smart Scan Analysis for PRGNF
Based on a pre-defined weighted trend formula for chart analysis, PRGNF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.135||Year High Date||2017-01-03|
|Year Low||0.0039||Year Low Date||2017-05-25|
|52wk High||0.98||52wk High Date||2016-07-25|
|52wk Low||0.0039||52wk Low Date||2017-05-25|