Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
SHENGKAI INNOVATIONS INC (NASDAQ:VALV)
Sidelines Mode (+55) - VALV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VALV?
MarketClub looks at technical strength and momentum to determine if the timing is right for VALV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VALV
The long-term trend has been UP since Feb 8th, 2021 at 0.0079
The intermediate-term trend has been UP since Apr 8th, 2021 at 0.0170
The short-term trend has been DOWN since Apr 14th, 2021 at 0.0300
Smart Scan Analysis for VALV
Based on our trend formula, VALV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0286||Year High Date||2018-06-21|
|Year Low||0.01||Year Low Date||2018-11-09|
|52wk High||0.085||52wk High Date||2021-04-12|
|52wk Low||0.0032||52wk Low Date||2020-06-05|
|Year End Close||0.72||Average Volume||16,879|
|Shares Outstanding||17,196||Short Interest||389,924|