Stock Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
MAGNACHIP SEMICONDUCTOR (NYSE:MX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 MX
The long term trend has been DOWN since Dec 20th, 2017 at 10.050
The intermediate term trend has been UP since May 1st, 2018 at 9.975
The short term trend has been UP since Apr 27th, 2018 at 9.400
Smart Scan Analysis for MX
Based on a pre-defined weighted trend formula for chart analysis, MX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.35||Year High Date||2018-01-22|
|Year Low||8.85||Year Low Date||2018-02-09|
|52wk High||13.4||52wk High Date||2017-11-16|
|52wk Low||8.4||52wk Low Date||2017-05-31|
|Year End Close||15.92||Average Volume||418,411|
|Shares Outstanding||35,964||Short Interest||141,254|