Stock Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
CANADIAN UTIL LTD (TSE:CU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 CU
The long term trend has been DOWN since Aug 10th, 2017 at 39.16
The intermediate term trend has been DOWN since Jul 27th, 2018 at 32.64
The short term trend has been UP since Oct 18th, 2018 at 29.67
Smart Scan Analysis for CU
Based on a pre-defined weighted trend formula for chart analysis, CU scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||37.47||Year High Date||2018-01-02|
|Year Low||29.12||Year Low Date||2018-10-15|
|52wk High||39.88||52wk High Date||2017-10-20|
|52wk Low||29.12||52wk Low Date||2018-10-15|
|Year End Close||71.94||Average Volume||335,224|