Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

RED HAT (NYSE:RHT)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NYSE_RHT
Open High Low RHT Price Change
173.54 173.99 173.35 173.60 -0.22
Entry Signal

MarketClub’s Trade Triangles for RHT

long term up The long term trend has been UP since Oct 29th, 2018 at 152.9900

intermediate term up The intermediate term trend has been UP since Oct 29th, 2018 at 126.5700

short term up The short term trend has been UP since Nov 15th, 2018 at 174.1695

Smart Scan Analysis for RHT

Based on a pre-defined weighted trend formula for chart analysis, RHT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for RHT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.54 173.99 173.35 173.60 -0.22
Prev. Close Volume Bid Ask Time
173.5 2100260 2018-11-16 15:59:47
Year High177.7Year High Date2018-06-14
Year Low115.31Year Low Date2018-10-26
52wk High177.752wk High Date2018-06-14
52wk Low115.3152wk Low Date2018-10-26
Year End Close52.96Average Volume4,559,154
Shares Outstanding193,194Short Interest4,541,707
% Institutional95AssetsM
Liabilities826.3MBeta1.06
Volatility112.95
Want to analyze RED HAT RHT or another symbol? Try our Free Stock Trend Analysis Report.