Stock Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
Rare Element Resources Ltd (NASDAQ:REEMF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 REEMF
The long term trend has been DOWN since Jan 29th, 2018 at 0.187
The intermediate term trend has been UP since Jan 4th, 2019 at 0.093
The short term trend has been UP since Jan 18th, 2019 at 0.080
Smart Scan Analysis for REEMF
Based on a pre-defined weighted trend formula for chart analysis, REEMF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.25||Year High Date||2018-01-02|
|Year Low||0.075||Year Low Date||2018-08-27|
|52wk High||0.3138||52wk High Date||2017-11-30|
|52wk Low||0.075||52wk Low Date||2018-08-27|