Stock Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
SPI Energy Co., Ltd (NASDAQ:SPI)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPI
The long term trend has been UP since Sep 18th, 2019 at 2.8756
The intermediate term trend has been UP since Jan 3rd, 2020 at 2.0783
The short term trend has been UP since Jan 10th, 2020 at 2.0400
Smart Scan Analysis for SPI
Based on a pre-defined weighted trend formula for chart analysis, SPI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.9||Year High Date||2018-01-16|
|Year Low||1.68||Year Low Date||2018-11-29|
|52wk High||7.32||52wk High Date||2019-03-21|
|52wk Low||0.85||52wk Low Date||2019-01-17|
|Average Volume||16,636||Shares Outstanding||14,514|