Stock Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
BANK of NOVA SCOTIA (TSE:BNS)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 BNS
The long term trend has been UP since Sep 27th, 2017 at 80.00
The intermediate term trend has been UP since Jan 10th, 2018 at 83.01
The short term trend has been DOWN since Jan 11th, 2018 at 82.30
Smart Scan Analysis for BNS
Based on a pre-defined weighted trend formula for chart analysis, BNS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||83.22||Year High Date||2018-01-10|
|Year Low||80.79||Year Low Date||2018-01-02|
|52wk High||85.5||52wk High Date||2017-11-21|
|52wk Low||73.31||52wk Low Date||2017-05-18|
|Year End Close||57.46||Average Volume||1,576,673|