Stock Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
RISE EDUCATION CAYMAN LTD AMERICAN DEPOSITARY SHARE (NASDAQ:REDU)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 REDU
The long term trend has been DOWN since Jun 13th, 2018 at 14.12
The intermediate term trend has been UP since Sep 18th, 2018 at 11.14
The short term trend has been DOWN since Oct 18th, 2018 at 10.79
Smart Scan Analysis for REDU
Based on a pre-defined weighted trend formula for chart analysis, REDU scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||18.6||Year High Date||2018-03-13|
|Year Low||9.55||Year Low Date||2018-09-05|
|52wk High||18.6||52wk High Date||2018-03-13|
|52wk Low||9.5||52wk Low Date||2017-11-21|