Stock Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
ORCHID ISLAND CAPITAL INC (NYSE:ORC)
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 ORC
The long term trend has been UP since Jun 20th, 2018 at 7.619
The intermediate term trend has been DOWN since Sep 12th, 2018 at 7.760
The short term trend has been UP since Sep 19th, 2018 at 7.530
Smart Scan Analysis for ORC
Based on a pre-defined weighted trend formula for chart analysis, ORC scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||9.33||Year High Date||2018-01-02|
|Year Low||6.766||Year Low Date||2018-02-09|
|52wk High||10.47||52wk High Date||2017-10-17|
|52wk Low||6.766||52wk Low Date||2018-02-09|