Stock Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
VARONIS SYSTEMS (NASDAQ:VRNS)
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 VRNS
The long term trend has been UP since Mar 4th, 2016 at 19.78
The intermediate term trend has been UP since Nov 3rd, 2017 at 45.20
The short term trend has been UP since Nov 3rd, 2017 at 44.05
Smart Scan Analysis for VRNS
Based on a pre-defined weighted trend formula for chart analysis, VRNS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||52||Year High Date||2017-11-16|
|Year Low||25.2||Year Low Date||2017-02-10|
|52wk High||52||52wk High Date||2017-11-16|
|52wk Low||24.75||52wk Low Date||2016-12-16|