Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Schnitzer Steel Industries, Inc. - Class A (NASDAQ:SCHN)
Bull Market Weakness (+75) - SCHN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SCHN as it may be in the beginning stages of a reversal.
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 Oct 25th, 2021 at 56.57
The intermediate-term trend has been UP since Oct 4th, 2021 at 46.09
The short-term trend has been DOWN since Oct 27th, 2021 at 53.57
Smart Scan Analysis for SCHN
Based on our trend formula, SCHN is rated as a +75 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||59.3449||52wk High Date||2021-06-01|
|52wk Low||19.35||52wk Low Date||2020-10-28|
|Year End Close||30.33||Average Volume||264,233|
|Shares Outstanding||27,532||Short Interest||2,041,495|
|% Institutional||88.2||Market Cap||663M|