Stock Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
KAR AUCTION SERVICES (NYSE:KAR)
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 KAR
The long term trend has been UP since Aug 31st, 2017 at 45.25
The intermediate term trend has been UP since Feb 28th, 2018 at 53.41
The short term trend has been DOWN since Mar 15th, 2018 at 55.71
Smart Scan Analysis for KAR
Based on a pre-defined weighted trend formula for chart analysis, KAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||56.75||Year High Date||2018-03-12|
|Year Low||48.22||Year Low Date||2018-02-09|
|52wk High||56.75||52wk High Date||2018-03-12|
|52wk Low||40.27||52wk Low Date||2017-07-11|
|Year End Close||20.24||Average Volume||1,299,955|
|Shares Outstanding||136,635||Short Interest||174,909|