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Stock Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

MAJOR DRILLING GROUP INTL (TSE:MDI)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

TSE_MDI
Open High Low MDI Price Change
6.92 6.95 6.90 6.94 +0.01
Entry Signal

MarketClub’s Trade Triangles for MDI

long term up The long term trend has been UP since May 22nd, 2018 at 6.98

intermediate term up The intermediate term trend has been UP since Apr 2nd, 2018 at 6.71

short term down The short term trend has been DOWN since May 22nd, 2018 at 6.82

Smart Scan Analysis for MDI

Based on a pre-defined weighted trend formula for chart analysis, MDI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.92 6.95 6.90 6.94 +0.01
Prev. Close Volume Bid Ask Time
6.94 19879 2018-05-23 15:59:40
Year High7.39Year High Date2018-01-05
Year Low6.18Year Low Date2018-03-21
52wk High8.6952wk High Date2017-07-12
52wk Low6.0352wk Low Date2017-12-11
Year End Close9.8Average Volume25,862
Volatility20.45
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