Stock Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
SILGAN HOLDINGS (NASDAQ:SLGN)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SLGN
The long term trend has been DOWN since May 30th, 2017 at 57.440
The intermediate term trend has been DOWN since Jan 2nd, 2018 at 28.545
The short term trend has been DOWN since Jan 10th, 2018 at 29.430
Smart Scan Analysis for SLGN
Based on a pre-defined weighted trend formula for chart analysis, SLGN scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||30.07||Year High Date||2018-01-08|
|Year Low||28.16||Year Low Date||2018-01-17|
|52wk High||32.5||52wk High Date||2017-06-02|
|52wk Low||27.195||52wk Low Date||2017-01-19|
|Year End Close||41.54||Average Volume||406,583|
|Shares Outstanding||69,204||Short Interest||237,162|