Stock Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
Torchlight Energy Resources, Inc (NASDAQ:TRCH)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 TRCH
The long term trend has been UP since Jan 10th, 2019 at 1.0300
The intermediate term trend has been UP since Jan 4th, 2019 at 0.7200
The short term trend has been UP since Jan 2nd, 2019 at 0.5999
Smart Scan Analysis for TRCH
Based on a pre-defined weighted trend formula for chart analysis, TRCH scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.48||Year High Date||2018-06-18|
|Year Low||0.6403||Year Low Date||2018-11-27|
|52wk High||1.48||52wk High Date||2018-06-18|
|52wk Low||0.6403||52wk Low Date||2018-11-27|
|Year End Close||2.02||Average Volume||89,871|
|Shares Outstanding||13,565||% Institutional||32.5|