Stock Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
Taoping, Inc (NASDAQ:TAOP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 TAOP
The long term trend has been DOWN since Nov 29th, 2018 at 1.1000
The intermediate term trend has been DOWN since Nov 26th, 2018 at 1.2279
The short term trend has been DOWN since Dec 8th, 2018 at 1.0600
Smart Scan Analysis for TAOP
Based on a pre-defined weighted trend formula for chart analysis, TAOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.2||Year High Date||2018-01-05|
|Year Low||1.08||Year Low Date||2018-11-29|
|52wk High||5.2||52wk High Date||2018-01-05|
|52wk Low||1.08||52wk Low Date||2018-11-29|