Stock Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
ALTAGAS LTD (TSE:ALA)
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 ALA
The long term trend has been UP since Jun 14th, 2018 at 26.34
The intermediate term trend has been UP since Jun 14th, 2018 at 26.18
The short term trend has been DOWN since Jul 16th, 2018 at 27.82
Smart Scan Analysis for ALA
Based on a pre-defined weighted trend formula for chart analysis, ALA scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||29.34||Year High Date||2018-01-23|
|Year Low||22.82||Year Low Date||2018-03-07|
|52wk High||30.06||52wk High Date||2017-11-07|
|52wk Low||22.82||52wk Low Date||2018-03-07|
|Year End Close||33.57||Average Volume||1,184,143|