Stock Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Sigma Labs, Inc (NASDAQ:SGLB)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 SGLB
The long term trend has been UP since Oct 1st, 2018 at 1.1900
The intermediate term trend has been DOWN since Nov 20th, 2018 at 1.4501
The short term trend has been DOWN since Dec 8th, 2018 at 1.5800
Smart Scan Analysis for SGLB
Based on a pre-defined weighted trend formula for chart analysis, SGLB scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3||Year High Date||2018-05-30|
|Year Low||0.725||Year Low Date||2018-07-17|
|52wk High||4.48||52wk High Date||2017-12-22|
|52wk Low||0.725||52wk Low Date||2018-07-17|
|Year End Close||0.0145||Average Volume||111,542|