Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

RED HAT (NYSE:RHT)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

NYSE_RHT
Open High Low RHT Price Change
147.84 149.06 147.13 148.14 +0.56
Entry Signal

MarketClub’s Trade Triangles for RHT

long term down The long term trend has been DOWN since Jun 22nd, 2018 at 143.31

intermediate term down The intermediate term trend has been DOWN since Jun 22nd, 2018 at 161.93

short term down The short term trend has been DOWN since Jul 17th, 2018 at 145.64

Smart Scan Analysis for RHT

Based on a pre-defined weighted trend formula for chart analysis, RHT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RHT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.84 149.06 147.13 148.14 +0.56
Prev. Close Volume Bid Ask Time
147.58 580546 2018-07-18 11:59:46
Year High177.7Year High Date2018-06-14
Year Low119.57Year Low Date2018-01-02
52wk High177.752wk High Date2018-06-14
52wk Low95.8852wk Low Date2017-08-10
Year End Close52.96Average Volume3,430,834
Shares Outstanding193,194Short Interest4,541,707
% Institutional95AssetsM
Liabilities826.3MBeta1.06
Volatility52.12
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