Stock Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
SHAWCOR LTD (TSE:SCL)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SCL
The long term trend has been DOWN since Feb 6th, 2018 at 24.99
The intermediate term trend has been UP since Apr 5th, 2018 at 25.29
The short term trend has been UP since May 11th, 2018 at 25.58
Smart Scan Analysis for SCL
Based on a pre-defined weighted trend formula for chart analysis, SCL scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||29.5||Year High Date||2018-01-25|
|Year Low||23.6||Year Low Date||2018-03-26|
|52wk High||32.72||52wk High Date||2017-05-23|
|52wk Low||23.6||52wk Low Date||2018-03-26|