Stock Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
BLACKSTONE GROUP (NYSE:BX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BX
The long term trend has been UP since Dec 7th, 2016 at 27.5900
The intermediate term trend has been UP since Sep 22nd, 2017 at 33.0900
The short term trend has been UP since Oct 18th, 2017 at 33.3301
Smart Scan Analysis for BX
Based on a pre-defined weighted trend formula for chart analysis, BX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||35.09||Year High Date||2017-07-19|
|Year Low||27.35||Year Low Date||2017-01-03|
|52wk High||35.09||52wk High Date||2017-07-19|
|52wk Low||23.33||52wk Low Date||2016-11-09|
|Year End Close||15.59||Average Volume||3,049,569|
|Shares Outstanding||525,110||Short Interest||7,409,831|