Stock Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
PAREX RESOURCES INC (TSE:PXT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 PXT
The long term trend has been UP since Oct 13th, 2017 at 16.14
The intermediate term trend has been DOWN since Mar 12th, 2018 at 17.72
The short term trend has been UP since Mar 21st, 2018 at 18.33
Smart Scan Analysis for PXT
Based on a pre-defined weighted trend formula for chart analysis, PXT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.86||Year High Date||2018-01-25|
|Year Low||16.82||Year Low Date||2018-02-09|
|52wk High||19.86||52wk High Date||2018-01-25|
|52wk Low||12.19||52wk Low Date||2017-08-29|
|Year End Close||5.8||Average Volume||595,652|