Stock Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
BANK of NOVA SCOTIA PR SER 34 NC 5 YEAR RR (TSE:BNS.PR.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.PR.E
The long term trend has been UP since May 16th, 2018 at 26.68
The intermediate term trend has been DOWN since Jun 4th, 2018 at 26.39
The short term trend has been DOWN since Jun 13th, 2018 at 26.49
Smart Scan Analysis for BNS.PR.E
Based on a pre-defined weighted trend formula for chart analysis, BNS.PR.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.94||Year High Date||2018-01-02|
|Year Low||26.03||Year Low Date||2018-04-20|
|52wk High||27.36||52wk High Date||2017-12-12|
|52wk Low||26.03||52wk Low Date||2018-04-20|