Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Altus Midstream Company (NASDAQ:ALTM)
Countertrend Down (-85) - ALTM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ALTM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALTM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALTM
The long-term trend has been DOWN since Jan 3rd, 2019 at 7.3339
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 2.5600
The short-term trend has been UP since May 18th, 2020 at 0.5997
Smart Scan Analysis for ALTM
Based on our trend formula, ALTM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.39||Year High Date||2018-11-12|
|Year Low||7.3339||Year Low Date||2018-11-21|
|52wk High||6.29||52wk High Date||2019-04-09|
|52wk Low||0.5578||52wk Low Date||2020-03-27|
|Average Volume||564,514||Shares Outstanding||334,362|