Stock Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
MAG SILVER CORP (TSE:MAG)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 MAG
The long term trend has been DOWN since May 4th, 2017 at 15.42
The intermediate term trend has been UP since Apr 11th, 2018 at 13.97
The short term trend has been DOWN since Apr 25th, 2018 at 14.42
Smart Scan Analysis for MAG
Based on a pre-defined weighted trend formula for chart analysis, MAG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.97||Year High Date||2018-01-02|
|Year Low||11.71||Year Low Date||2018-02-09|
|52wk High||17.62||52wk High Date||2017-06-26|
|52wk Low||11.71||52wk Low Date||2018-02-09|
|Year End Close||10.17||Average Volume||250,425|