Stock Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
NEVRO CORP (NYSE:NVRO)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 NVRO
The long term trend has been DOWN since May 22nd, 2018 at 71.935
The intermediate term trend has been DOWN since Sep 13th, 2018 at 60.590
The short term trend has been UP since Sep 20th, 2018 at 59.160
Smart Scan Analysis for NVRO
Based on a pre-defined weighted trend formula for chart analysis, NVRO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||94.34||Year High Date||2018-05-07|
|Year Low||35.41||Year Low Date||2018-07-24|
|52wk High||94.34||52wk High Date||2018-05-07|
|52wk Low||35.41||52wk Low Date||2018-07-24|