Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Algold Resources Ltd (CDNX:ALG)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CDNX_ALG
Open High Low ALG Price Change
0.145 0.145 0.145 0.145 -0.005
Entry Signal

MarketClub’s Trade Triangles for ALG

long term down The long term trend has been DOWN since Dec 10th, 2018 at 0.450

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 0.450

short term up The short term trend has been UP since May 15th, 2019 at 0.145

Smart Scan Analysis for ALG

Based on a pre-defined weighted trend formula for chart analysis, ALG scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ALG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.145 0.145 0.145 0.145 -0.005
Prev. Close Volume Bid Ask Time
0.275 500 2019-05-16 12:00:01
Year High1.9Year High Date2018-02-08
Year Low0.45Year Low Date2018-10-09
52wk High1.952wk High Date2018-02-08
52wk Low0.4552wk Low Date2018-10-09
Average Volume12,543Volatility262.89
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