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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

SHAMARAN PETROLEUM CORP (NASDAQ:SHASF)

Weak Downtrend (-65) - SHASF is showing signs of a strengthening downtrend. Monitor SHASF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SHASF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHASF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SHASF
Open High Low SHASF Price Change
0.0510 0.0510 0.0490 0.0490 -0.0065
Entry Signal

MarketClub’s Trade Triangles for SHASF

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.0392

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.0500

short term down The short-term trend has been DOWN since Apr 29th, 2024 at 0.0505

Smart Scan Analysis for SHASF

Based on our trend formula, SHASF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SHASF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0510 0.0510 0.0490 0.0490 -0.0065
Prev. Close Volume Bid Ask Time
0.0490 30150 2024-04-29 15:57:00
Year High0.301Year High Date2018-02-23
Year Low0.0499Year Low Date2018-04-11
52wk High0.0652wk High Date2024-04-22
52wk Low0.028252wk Low Date2023-08-30
Year End Close0.39Average Volume90,108
Shares Outstanding810,984Assets251,875,000M
Liabilities237,776,000MVolatility143.51
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