Stock Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Weir Group Plc (NASDAQ:WEIGF)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 WEIGF
The long term trend has been DOWN since May 31st, 2019 at 19.5281
The intermediate term trend has been UP since Jun 5th, 2019 at 18.3953
The short term trend has been UP since Sep 16th, 2019 at 19.1200
Smart Scan Analysis for WEIGF
Based on a pre-defined weighted trend formula for chart analysis, WEIGF scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||31.7||Year High Date||2018-04-19|
|Year Low||17.98||Year Low Date||2018-10-25|
|52wk High||29.25||52wk High Date||2018-06-19|
|52wk Low||15.5||52wk Low Date||2018-12-20|
|Year End Close||30.85||Average Volume||1,050|