Stock Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
New Concept Energy, Inc (AMEX:GBR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 GBR
The long term trend has been DOWN since Dec 14th, 2018 at 1.9100
The intermediate term trend has been UP since Jan 9th, 2019 at 1.8900
The short term trend has been DOWN since Mar 15th, 2019 at 1.9686
Smart Scan Analysis for GBR
Based on a pre-defined weighted trend formula for chart analysis, GBR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||12.75||Year High Date||2018-07-02|
|Year Low||1.23||Year Low Date||2018-04-04|
|52wk High||12.75||52wk High Date||2018-07-02|
|52wk Low||1.23||52wk Low Date||2018-04-04|
|Year End Close||1.22||Average Volume||96,026|
|Shares Outstanding||2,132||Short Interest||36,815|
|% Institutional||51.9||Market Cap||8M|