Stock Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Brookfield Infrastructure (NYSE:BIP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 BIP
The long term trend has been DOWN since Oct 25th, 2018 at 38.13
The intermediate term trend has been DOWN since Nov 29th, 2018 at 38.56
The short term trend has been UP since Dec 12th, 2018 at 37.96
Smart Scan Analysis for BIP
Based on a pre-defined weighted trend formula for chart analysis, BIP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||44.89||Year High Date||2018-01-02|
|Year Low||36.84||Year Low Date||2018-10-31|
|52wk High||46.88||52wk High Date||2017-12-27|
|52wk Low||36.84||52wk Low Date||2018-10-31|
|Year End Close||35.25||Average Volume||212,976|
|Shares Outstanding||132,352||Short Interest||353,789|