Stock Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
WEIBO CORP AMERICAN DEP (NASDAQ:WB)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 WB
The long term trend has been UP since Feb 7th, 2017 at 52.490
The intermediate term trend has been DOWN since Dec 4th, 2017 at 104.520
The short term trend has been DOWN since Dec 15th, 2017 at 100.946
Smart Scan Analysis for WB
Based on a pre-defined weighted trend formula for chart analysis, WB scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||123||Year High Date||2017-11-21|
|Year Low||41.04||Year Low Date||2017-01-03|
|52wk High||123||52wk High Date||2017-11-21|
|52wk Low||40.12||52wk Low Date||2016-12-23|