Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
IT Tech Packaging, Inc (AMEX:ITP)
Long-Term Downtrend (-90) - ITP is in a strong downtrend that is likely to continue. While ITP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ITP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ITP
The long-term trend has been DOWN since May 21st, 2020 at 0.45015
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 0.55000
The short-term trend has been DOWN since May 28th, 2020 at 0.47500
Smart Scan Analysis for ITP
Based on our trend formula, ITP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.83||Year High Date||2018-01-26|
|Year Low||0.63||Year Low Date||2018-11-27|
|52wk High||1.3||52wk High Date||2019-04-08|
|52wk Low||0.45015||52wk Low Date||2020-03-24|
|Average Volume||47,737||Shares Outstanding||22,055|