Stock Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
Varex Imaging Corp (NASDAQ:VREX)
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 VREX
The long term trend has been DOWN since Aug 3rd, 2018 at 34.13
The intermediate term trend has been DOWN since Dec 7th, 2018 at 23.91
The short term trend has been UP since Dec 12th, 2018 at 24.81
Smart Scan Analysis for VREX
Based on a pre-defined weighted trend formula for chart analysis, VREX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||43.76||Year High Date||2018-01-29|
|Year Low||23.91||Year Low Date||2018-11-14|
|52wk High||43.76||52wk High Date||2018-01-29|
|52wk Low||23.91||52wk Low Date||2018-11-14|