Stock Trend Analysis Report
Prepared for you on Monday, December 18, 2017.
VEECO INSTRUMENTS (NASDAQ:VECO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 VECO
The long term trend has been DOWN since Aug 4th, 2017 at 27.100
The intermediate term trend has been DOWN since Oct 24th, 2017 at 20.500
The short term trend has been UP since Dec 13th, 2017 at 13.825
Smart Scan Analysis for VECO
Based on a pre-defined weighted trend formula for chart analysis, VECO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||34.375||Year High Date||2017-04-27|
|Year Low||10.85||Year Low Date||2017-12-08|
|52wk High||34.375||52wk High Date||2017-04-27|
|52wk Low||10.85||52wk Low Date||2017-12-08|
|Year End Close||29.49||Average Volume||1,132,546|
|Shares Outstanding||39,157||Short Interest||7,122,980|