Stock Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
THE NEW HOME CO INC (NYSE:NWHM)
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 NWHM
The long term trend has been DOWN since Mar 1st, 2018 at 11.1200
The intermediate term trend has been DOWN since Jun 13th, 2018 at 9.8500
The short term trend has been UP since Jun 20th, 2018 at 10.2699
Smart Scan Analysis for NWHM
Based on a pre-defined weighted trend formula for chart analysis, NWHM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.55||Year High Date||2018-01-04|
|Year Low||9.53||Year Low Date||2018-05-15|
|52wk High||13.55||52wk High Date||2018-01-04|
|52wk Low||9.53||52wk Low Date||2018-05-15|