Stock Trend Analysis Report
Prepared for you on Thursday, March 23, 2017.
NATIONAL BANK of CANADA (TSE:NA)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NA
The long term trend has been UP since Mar 22nd, 2016 at 44.65
The intermediate term trend has been DOWN since Mar 21st, 2017 at 56.58
The short term trend has been DOWN since Mar 10th, 2017 at 58.16
Smart Scan Analysis for NA
Based on a pre-defined weighted trend formula for chart analysis, NA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||59.12||Year High Date||2017-03-07|
|Year Low||54.52||Year Low Date||2017-01-03|
|52wk High||59.12||52wk High Date||2017-03-07|
|52wk Low||40.78||52wk Low Date||2016-05-09|
|Year End Close||77.24||Average Volume||1,355,179|