Stock Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
BLUEFIRE RENEWABLES INC (NASDAQ:BFRE)
Sidelines Mode (+55) - BFRE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BFRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for BFRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BFRE
The long-term trend has been UP since Jan 11th, 2021 at 0.0002
The intermediate-term trend has been UP since Nov 2nd, 2020 at 0.0001
The short-term trend has been DOWN since Feb 26th, 2021 at 0.0008
Smart Scan Analysis for BFRE
Based on our trend formula, BFRE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0007||Year High Date||2018-01-02|
|Year Low||0.0001||Year Low Date||2018-09-24|
|52wk High||0.0027||52wk High Date||2021-02-16|
|52wk Low||0.000001||52wk Low Date||2020-07-17|
|Year End Close||0.121||Average Volume||7,961,147|
|Shares Outstanding||926,471||% Institutional||0.1|