Stock Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
THC BIOMED INTL LTD (NASDAQ:THCBF)
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 THCBF
The long term trend has been DOWN since May 29th, 2018 at 0.8200
The intermediate term trend has been DOWN since Sep 19th, 2018 at 0.6705
The short term trend has been DOWN since Sep 21st, 2018 at 0.6163
Smart Scan Analysis for THCBF
Based on a pre-defined weighted trend formula for chart analysis, THCBF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||2.65||Year High Date||2018-01-04|
|Year Low||0.614||Year Low Date||2018-08-14|
|52wk High||2.65||52wk High Date||2018-01-04|
|52wk Low||0.4558||52wk Low Date||2017-09-27|