Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

RED HAT (NYSE:RHT)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
133.86 135.26 132.51 134.97 +0.35
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 Sep 18th, 2018 at 140.87

short term down The short term trend has been DOWN since Sep 13th, 2018 at 147.84

Smart Scan Analysis for RHT

Based on a pre-defined weighted trend formula for chart analysis, RHT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RHT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.86 135.26 132.51 134.97 +0.35
Prev. Close Volume Bid Ask Time
134.62 1983939 2018-09-24 15:59:53
Year High177.7Year High Date2018-06-14
Year Low119.57Year Low Date2018-01-02
52wk High177.752wk High Date2018-06-14
52wk Low104.5152wk Low Date2017-09-25
Year End Close52.96Average Volume2,345,308
Shares Outstanding193,194Short Interest4,541,707
% Institutional95AssetsM
Liabilities826.3MBeta1.06
Volatility31.39
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