Stock Trend Analysis Report
Prepared for you on Sunday, February 25, 2018.
ARC RESOURCES LTD (TSE:ARX)
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 ARX
The long term trend has been DOWN since Dec 6th, 2017 at 15.01
The intermediate term trend has been DOWN since Jan 16th, 2018 at 13.86
The short term trend has been UP since Feb 16th, 2018 at 12.83
Smart Scan Analysis for ARX
Based on a pre-defined weighted trend formula for chart analysis, ARX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.9||Year High Date||2018-01-03|
|Year Low||11.88||Year Low Date||2018-02-15|
|52wk High||21.11||52wk High Date||2017-02-23|
|52wk Low||11.88||52wk Low Date||2018-02-15|
|Year End Close||24.44||Average Volume||1,685,787|