Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
TEGNA INC (NYSE:TGNA)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for TGNA
The long term trend has been DOWN since Mar 8th, 2018 at 12.695
The intermediate term trend has been DOWN since Feb 1st, 2018 at 14.360
The short term trend has been DOWN since May 22nd, 2018 at 10.790
Smart Scan Analysis for TGNA
Based on a pre-defined weighted trend formula for chart analysis, TGNA scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.6||Year High Date||2018-01-26|
|Year Low||10||Year Low Date||2018-05-04|
|52wk High||24.36||52wk High Date||2017-05-30|
|52wk Low||10||52wk Low Date||2018-05-04|