Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
FORACO INTL SA (TSE:FAR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 FAR
The long term trend has been UP since Mar 1st, 2018 at 0.390
The intermediate term trend has been UP since May 8th, 2018 at 0.375
The short term trend has been UP since May 14th, 2018 at 0.425
Smart Scan Analysis for FAR
Based on a pre-defined weighted trend formula for chart analysis, FAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.51||Year High Date||2018-05-16|
|Year Low||0.335||Year Low Date||2018-02-14|
|52wk High||0.51||52wk High Date||2018-05-16|
|52wk Low||0.335||52wk Low Date||2017-07-06|
|Year End Close||2.41||Average Volume||6,126|