Stock Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Schnitzer Steel Industries, Inc (NASDAQ:SCHN)
Crossroads (-60) - SCHN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SCHN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCHN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCHN
The long-term trend has been UP since Jun 5th, 2020 at 17.17
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 38.14
The short-term trend has been DOWN since Apr 7th, 2021 at 41.31
Smart Scan Analysis for SCHN
Based on our trend formula, SCHN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||38.85||Year High Date||2018-01-11|
|Year Low||23.7||Year Low Date||2018-10-23|
|52wk High||46.86||52wk High Date||2021-03-12|
|52wk Low||12.93||52wk Low Date||2020-05-14|
|Year End Close||30.33||Average Volume||381,751|
|Shares Outstanding||27,465||Short Interest||2,041,495|
|% Institutional||88.2||Market Cap||663M|