Stock Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
MULLEN GROUP LTD (TSE:MTL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 MTL
The long term trend has been UP since Jun 26th, 2018 at 15.760
The intermediate term trend has been DOWN since Aug 31st, 2018 at 15.980
The short term trend has been UP since Sep 18th, 2018 at 15.045
Smart Scan Analysis for MTL
Based on a pre-defined weighted trend formula for chart analysis, MTL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||16.93||Year High Date||2018-08-24|
|Year Low||14.1||Year Low Date||2018-03-19|
|52wk High||17.62||52wk High Date||2017-09-25|
|52wk Low||14.1||52wk Low Date||2018-03-19|
|Year End Close||20.9||Average Volume||82,754|