Stock Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
NEWFIELD EXPLORATION (NYSE:NFX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NFX
The long term trend has been UP since Oct 3rd, 2017 at 30.05
The intermediate term trend has been UP since Dec 26th, 2017 at 32.21
The short term trend has been DOWN since Jan 17th, 2018 at 33.98
Smart Scan Analysis for NFX
Based on a pre-defined weighted trend formula for chart analysis, NFX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||35.2||Year High Date||2018-01-09|
|Year Low||31.81||Year Low Date||2018-01-02|
|52wk High||43.74||52wk High Date||2017-02-14|
|52wk Low||24.41||52wk Low Date||2017-08-21|
|Year End Close||26.78||Average Volume||2,337,378|
|Shares Outstanding||135,224||Short Interest||5,130,529|