Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
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 NVO
The long term trend has been DOWN since Jan 15th, 2016 at 52.6100
The intermediate term trend has been DOWN since Feb 2nd, 2017 at 34.5837
The short term trend has been UP since Mar 27th, 2017 at 33.9400
Smart Scan Analysis for NVO
Based on a pre-defined weighted trend formula for chart analysis, NVO scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||37.08||Year High Date||2017-01-05|
|Year Low||32.83||Year Low Date||2017-02-02|
|52wk High||57.81||52wk High Date||2016-04-19|
|52wk Low||30.89||52wk Low Date||2016-11-23|
|Year End Close||163.21||Average Volume||2,007,597|
|Shares Outstanding||580,000||Short Interest||665,002|