Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2017.
NETSHOES (CAYMAN) LTD (NYSE:NETS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 NETS
The long term trend has been DOWN since Aug 22nd, 2017 at 12.98
The intermediate term trend has been DOWN since Jun 14th, 2017 at 17.98
The short term trend has been UP since Sep 5th, 2017 at 12.13
Smart Scan Analysis for NETS
Based on a pre-defined weighted trend formula for chart analysis, NETS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.96||Year High Date||2017-05-25|
|Year Low||10.52||Year Low Date||2017-08-30|
|52wk High||26.96||52wk High Date||2017-05-25|
|52wk Low||10.52||52wk Low Date||2017-08-30|