Stock Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Gedeon Richter Plc (NASDAQ:RGEDF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 RGEDF
The long term trend has been UP since Dec 3rd, 2018 at 19.750
The intermediate term trend has been UP since Nov 5th, 2018 at 19.500
The short term trend has been DOWN since Dec 10th, 2018 at 19.671
Smart Scan Analysis for RGEDF
Based on a pre-defined weighted trend formula for chart analysis, RGEDF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.25||Year High Date||2018-01-19|
|Year Low||16.3801||Year Low Date||2018-07-18|
|52wk High||26.25||52wk High Date||2018-01-19|
|52wk Low||16.3801||52wk Low Date||2018-07-18|