Stock Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
MGIC INVESTMENT (NYSE:MTG)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 7.32
The intermediate term trend has been UP since Sep 18th, 2017 at 11.81
The short term trend has been UP since Oct 11th, 2017 at 12.65
Smart Scan Analysis for MTG
Based on a pre-defined weighted trend formula for chart analysis, MTG scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.83||Year High Date||2017-10-19|
|Year Low||9.68||Year Low Date||2017-03-27|
|52wk High||13.83||52wk High Date||2017-10-19|
|52wk Low||7.94||52wk Low Date||2016-11-03|
|Year End Close||2.66||Average Volume||2,696,686|
|Shares Outstanding||202,032||Short Interest||29,959,904|