Stock Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Wrap Technologies, Inc. - Common Stock (NASDAQ:WRTC)
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 WRTC
The long term trend has been UP since Nov 26th, 2019 at 4.8963
The intermediate term trend has been UP since Jan 21st, 2020 at 6.5900
The short term trend has been UP since Jan 17th, 2020 at 5.8800
Smart Scan Analysis for WRTC
Based on a pre-defined weighted trend formula for chart analysis, WRTC scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||9||Year High Date||2018-06-08|
|Year Low||2.1||Year Low Date||2018-08-01|
|52wk High||8||52wk High Date||2019-04-22|
|52wk Low||3.01||52wk Low Date||2019-01-15|
|Average Volume||264,290||Shares Outstanding||29,669|