Stock Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
WEIBO CORP AMERICAN DEP (NASDAQ:WB)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 WB
The long term trend has been UP since Feb 7th, 2017 at 52.49
The intermediate term trend has been DOWN since Sep 25th, 2017 at 97.00
The short term trend has been DOWN since Oct 6th, 2017 at 101.16
Smart Scan Analysis for WB
Based on a pre-defined weighted trend formula for chart analysis, WB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||108.3||Year High Date||2017-09-13|
|Year Low||41.04||Year Low Date||2017-01-03|
|52wk High||108.3||52wk High Date||2017-09-13|
|52wk Low||40.12||52wk Low Date||2016-12-23|