Stock Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 MXL
The long term trend has been UP since Mar 4th, 2016 at 17.750
The intermediate term trend has been DOWN since Jun 9th, 2017 at 30.151
The short term trend has been DOWN since Jun 27th, 2017 at 29.090
Smart Scan Analysis for MXL
Based on a pre-defined weighted trend formula for chart analysis, MXL scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||32.47||Year High Date||2017-06-09|
|Year Low||21.33||Year Low Date||2017-01-06|
|52wk High||32.47||52wk High Date||2017-06-09|
|52wk Low||17.13||52wk Low Date||2016-08-09|
|Year End Close||5.02||Average Volume||898,949|
|Shares Outstanding||32,801||Short Interest||498,795|