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Stock Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Covestro Ag ADR - Spon (germany) (NASDAQ:COVTY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low COVTY Price Change
21.96 21.99 21.75 21.79 -0.37
Entry Signal

MarketClub’s Trade Triangles for COVTY

long term down The long term trend has been DOWN since Jan 6th, 2020 at 22.66

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2019 at 24.02

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 22.52

Smart Scan Analysis for COVTY

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

Smart Scan Analysis for COVTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.96 21.99 21.75 21.79 -0.37
Prev. Close Volume Bid Ask Time
22.50 22869 2020-01-24 15:53:00
Year High62.08Year High Date2018-01-17
Year Low26.63Year Low Date2018-11-20
52wk High31.4352wk High Date2019-04-12
52wk Low20.952wk Low Date2019-08-15
Average Volume12,665Volatility67.95
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