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Stock Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

MAJOR DRILLING GROUP INTL (TSE:MDI)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

TSE_MDI
Open High Low MDI Price Change
5.32 5.49 5.32 5.41 -0.03
Entry Signal

MarketClub’s Trade Triangles for MDI

long term down The long term trend has been DOWN since Jul 11th, 2018 at 6.26

intermediate term down The intermediate term trend has been DOWN since Jun 11th, 2018 at 6.81

short term down The short term trend has been DOWN since Aug 15th, 2018 at 5.80

Smart Scan Analysis for MDI

Based on a pre-defined weighted trend formula for chart analysis, MDI scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for MDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.32 5.49 5.32 5.41 -0.03
Prev. Close Volume Bid Ask Time
5.43 92932 2018-08-17 15:59:29
Year High7.89Year High Date2018-06-05
Year Low5.3Year Low Date2018-08-16
52wk High8.2652wk High Date2017-08-22
52wk Low5.352wk Low Date2018-08-16
Year End Close9.8Average Volume71,877
Volatility24.69
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