Stock Trend Analysis Report
Prepared for you on Wednesday, October 26, 2016.
PDL BIOPHARMA (NASDAQ:PDLI)
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 PDLI
The long term trend has been DOWN since Aug 5th, 2016 at 2.940
The intermediate term trend has been DOWN since Oct 13th, 2016 at 3.175
The short term trend has been UP since Oct 25th, 2016 at 3.200
Smart Scan Analysis for PDLI
Based on a pre-defined weighted trend formula for chart analysis, PDLI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.84||Year High Date||2016-04-25|
|Year Low||2.58||Year Low Date||2016-02-03|
|52wk High||4.72||52wk High Date||2015-10-29|
|52wk Low||2.58||52wk Low Date||2016-02-03|
|Year End Close||7.04||Average Volume||987,465|
|Shares Outstanding||139,933||Short Interest||20,206,004|