Stock Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
ALIBABA GROUP HOLDING LTD (NYSE:BABA)
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 BABA
The long term trend has been UP since May 29th, 2018 at 201.5
The intermediate term trend has been DOWN since Jun 25th, 2018 at 199.5
The short term trend has been UP since Jul 6th, 2018 at 188.5
Smart Scan Analysis for BABA
Based on a pre-defined weighted trend formula for chart analysis, BABA scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||211.7||Year High Date||2018-06-05|
|Year Low||166.13||Year Low Date||2018-04-04|
|52wk High||211.7||52wk High Date||2018-06-05|
|52wk Low||147.5||52wk Low Date||2017-08-11|