Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
SMG INDUSTRIES INC (NASDAQ:SMGI)
Weak Downtrend (-65) - SMGI is showing signs of a strengthening downtrend. Monitor SMGI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SMGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMGI
The long-term trend has been UP since Jul 10th, 2020 at 0.1600
The intermediate-term trend has been DOWN since Jul 23rd, 2020 at 0.1275
The short-term trend has been DOWN since Sep 8th, 2020 at 0.1001
Smart Scan Analysis for SMGI
Based on our trend formula, SMGI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.9||Year High Date||2018-03-27|
|Year Low||0.18||Year Low Date||2018-11-14|
|52wk High||0.31||52wk High Date||2020-01-06|
|52wk Low||0.053||52wk Low Date||2019-09-24|
|Average Volume||19,467||Shares Outstanding||17,826|