Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
PETROGRESS INC (NASDAQ:PGAS)
Countertrend Down (-85) - PGAS 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 PGAS?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGAS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGAS
The long-term trend has been DOWN since Aug 30th, 2021 at 0.0624
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.0711
The short-term trend has been UP since Oct 18th, 2021 at 0.0590
Smart Scan Analysis for PGAS
Based on our trend formula, PGAS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.88||Year High Date||2018-10-03|
|Year Low||0.25||Year Low Date||2018-11-19|
|52wk High||0.315||52wk High Date||2021-03-12|
|52wk Low||0.0104||52wk Low Date||2020-11-19|
|Average Volume||278,370||Shares Outstanding||35,153|