Stock Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Kadant, Inc (NYSE:KAI)
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 KAI
The long term trend has been DOWN since Nov 27th, 2018 at 90.650
The intermediate term trend has been DOWN since Nov 26th, 2018 at 93.495
The short term trend has been UP since Dec 12th, 2018 at 85.890
Smart Scan Analysis for KAI
Based on a pre-defined weighted trend formula for chart analysis, KAI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||111.85||Year High Date||2018-09-24|
|Year Low||89.79||Year Low Date||2018-11-28|
|52wk High||111.85||52wk High Date||2018-09-24|
|52wk Low||89.79||52wk Low Date||2018-11-28|
|Year End Close||26.51||Average Volume||31,092|
|Shares Outstanding||11,319||Short Interest||163,290|