Stock Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
CHINA TELECOM (NYSE:CHA)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 CHA
The long term trend has been UP since Aug 22nd, 2018 at 48.61
The intermediate term trend has been UP since Aug 21st, 2018 at 47.20
The short term trend has been DOWN since Sep 11th, 2018 at 49.69
Smart Scan Analysis for CHA
Based on a pre-defined weighted trend formula for chart analysis, CHA scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||50.99||Year High Date||2018-09-10|
|Year Low||41.28||Year Low Date||2018-03-23|
|52wk High||53.775||52wk High Date||2017-10-10|
|52wk Low||41.28||52wk Low Date||2018-03-23|
|Year End Close||56.85||Average Volume||44,784|
|Shares Outstanding||809,320||Short Interest||132,506|