Stock Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Weatherford Intl (NYSE:WFT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 WFT
The long term trend has been DOWN since May 4th, 2017 at 5.1000
The intermediate term trend has been UP since Dec 31st, 2018 at 0.5140
The short term trend has been DOWN since Jan 16th, 2019 at 0.5051
Smart Scan Analysis for WFT
Based on a pre-defined weighted trend formula for chart analysis, WFT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||4.41||Year High Date||2018-01-23|
|Year Low||0.5811||Year Low Date||2018-11-29|
|52wk High||4.41||52wk High Date||2018-01-23|
|52wk Low||0.5811||52wk Low Date||2018-11-29|
|Year End Close||11.19||Average Volume||24,197,043|
|Shares Outstanding||764,755||Short Interest||16,392,481|