Stock Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
Atlantic Power Corp (TSE:ATP)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 ATP
The long term trend has been UP since May 3rd, 2018 at 2.90
The intermediate term trend has been DOWN since Nov 22nd, 2018 at 2.77
The short term trend has been DOWN since Dec 3rd, 2018 at 2.86
Smart Scan Analysis for ATP
Based on a pre-defined weighted trend formula for chart analysis, ATP scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.23||Year High Date||2018-01-12|
|Year Low||2.26||Year Low Date||2018-02-15|
|52wk High||3.29||52wk High Date||2017-11-30|
|52wk Low||2.26||52wk Low Date||2018-02-15|
|Year End Close||11.33||Average Volume||26,572|