Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Steelcase Inc. (NYSE:SCS)
Countertrend Down (-85) - SCS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SCS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCS.
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MarketClub’s Trade Triangles for SCS
The long-term trend has been DOWN since Jul 19th, 2021 at 13.72
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 13.31
The short-term trend has been UP since Oct 15th, 2021 at 12.51
Smart Scan Analysis for SCS
Based on our trend formula, SCS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19.35||Year High Date||2018-09-21|
|Year Low||13.1||Year Low Date||2018-07-02|
|52wk High||16.845||52wk High Date||2021-03-18|
|52wk Low||10.365||52wk Low Date||2020-10-30|
|Year End Close||12.74||Average Volume||826,376|
|Shares Outstanding||113,420||Short Interest||1,670,262|
|% Institutional||57.7||Market Cap||1,944M|