Stock Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Scorpio Tankers, Inc (NYSE:STNG)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 STNG
The long term trend has been UP since Sep 9th, 2019 at 30.87
The intermediate term trend has been UP since Sep 4th, 2019 at 27.42
The short term trend has been DOWN since Sep 17th, 2019 at 30.03
Smart Scan Analysis for STNG
Based on a pre-defined weighted trend formula for chart analysis, STNG scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.33||Year High Date||2018-01-09|
|Year Low||1.475||Year Low Date||2018-10-25|
|52wk High||32.5||52wk High Date||2018-06-05|
|52wk Low||14.75||52wk Low Date||2018-10-25|
|Year End Close||7.11||Average Volume||841,209|
|Shares Outstanding||51,400||Short Interest||1,464,456|
|% Institutional||100||Market Cap||1,356M|