Stock Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
VALEANT PHARMACEUTICALS (NYSE:VRX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 VRX
The long term trend has been UP since Nov 30th, 2017 at 16.97
The intermediate term trend has been UP since Nov 7th, 2017 at 13.45
The short term trend has been DOWN since Dec 14th, 2017 at 19.21
Smart Scan Analysis for VRX
Based on a pre-defined weighted trend formula for chart analysis, VRX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||22.8134||Year High Date||2017-12-13|
|Year Low||8.3109||Year Low Date||2017-04-24|
|52wk High||22.8134||52wk High Date||2017-12-13|
|52wk Low||8.3109||52wk Low Date||2017-04-24|
|Year End Close||59.77||Average Volume||22,959,246|
|Shares Outstanding||304,824||Short Interest||7,296,316|