Stock Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Mimecast Ltd (NASDAQ:MIME)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for MIME
The long term trend has been UP since Jan 6th, 2020 at 45.165
The intermediate term trend has been DOWN since Feb 11th, 2020 at 48.180
The short term trend has been DOWN since Feb 10th, 2020 at 52.110
Smart Scan Analysis for MIME
Based on a pre-defined weighted trend formula for chart analysis, MIME scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||46.87||Year High Date||2018-06-20|
|Year Low||28.14||Year Low Date||2018-01-02|
|52wk High||54.57||52wk High Date||2019-05-03|
|52wk Low||32.06||52wk Low Date||2019-01-14|
|Average Volume||420,917||Shares Outstanding||61,991|