Stock Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
VARONIS SYSTEMS (NASDAQ:VRNS)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 VRNS
The long term trend has been UP since Mar 4th, 2016 at 19.78
The intermediate term trend has been DOWN since Jun 25th, 2018 at 75.10
The short term trend has been UP since Jul 12th, 2018 at 78.25
Smart Scan Analysis for VRNS
Based on a pre-defined weighted trend formula for chart analysis, VRNS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||83.1||Year High Date||2018-06-13|
|Year Low||47.85||Year Low Date||2018-01-02|
|52wk High||83.1||52wk High Date||2018-06-13|
|52wk Low||35.55||52wk Low Date||2017-08-10|