Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
"IONIX TECHNOLOGY (NASDAQ:IINX)
Long-Term Downtrend (-90) - IINX is in a strong downtrend that is likely to continue. While IINX 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 IINX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IINX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IINX
The long-term trend has been DOWN since Oct 1st, 2021 at 0.1010
The intermediate-term trend has been DOWN since Jul 27th, 2021 at 0.1470
The short-term trend has been DOWN since Oct 20th, 2021 at 0.0893
Smart Scan Analysis for IINX
Based on our trend formula, IINX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3||Year High Date||2018-01-24|
|Year Low||1.75||Year Low Date||2018-09-11|
|52wk High||0.4026||52wk High Date||2021-02-11|
|52wk Low||0.0195||52wk Low Date||2020-11-17|
|Average Volume||267,554||Shares Outstanding||165,383|