Stock Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
MGIC INVESTMENT (NYSE:MTG)
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 MTG
The long term trend has been UP since Aug 1st, 2016 at 7.320
The intermediate term trend has been UP since Sep 18th, 2017 at 11.810
The short term trend has been DOWN since Dec 13th, 2017 at 15.265
Smart Scan Analysis for MTG
Based on a pre-defined weighted trend formula for chart analysis, MTG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.64||Year High Date||2017-12-11|
|Year Low||9.68||Year Low Date||2017-03-27|
|52wk High||15.64||52wk High Date||2017-12-11|
|52wk Low||9.68||52wk Low Date||2017-03-27|
|Year End Close||2.66||Average Volume||2,609,480|
|Shares Outstanding||202,032||Short Interest||29,959,904|