Stock Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
UTAH MEDICAL PRODUCTS (NASDAQ:UTMD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 UTMD
The long term trend has been UP since Nov 14th, 2016 at 65.8999
The intermediate term trend has been UP since Jan 16th, 2018 at 83.2500
The short term trend has been DOWN since May 22nd, 2018 at 102.8000
Smart Scan Analysis for UTMD
Based on a pre-defined weighted trend formula for chart analysis, UTMD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||109.65||Year High Date||2018-04-23|
|Year Low||78.95||Year Low Date||2018-01-02|
|52wk High||109.65||52wk High Date||2018-04-23|
|52wk Low||63.35||52wk Low Date||2017-05-23|
|Year End Close||36.05||Average Volume||11,274|
|Shares Outstanding||3,684||Short Interest||51,930|