Stock Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Feb 9th, 2017 at 33.8100
Smart Scan Analysis for NVO
Based on a pre-defined weighted trend formula for chart analysis, NVO scored -55 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||3,049,356|
|Shares Outstanding||580,000||Short Interest||665,002|