Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
GOLDMAN SACHS MLP ENERGY RENAI (NYSE:GER)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 GER
The long term trend has been UP since Jan 12th, 2018 at 7.0300
The intermediate term trend has been DOWN since Aug 30th, 2018 at 6.6700
The short term trend has been DOWN since Oct 10th, 2018 at 6.4201
Smart Scan Analysis for GER
Based on a pre-defined weighted trend formula for chart analysis, GER scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||7.29||Year High Date||2018-01-24|
|Year Low||5.5||Year Low Date||2018-03-27|
|52wk High||7.29||52wk High Date||2018-01-24|
|52wk Low||5.25||52wk Low Date||2017-11-29|