Stock Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
IT Tech Packaging, Inc (AMEX:ITP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 ITP
The long term trend has been DOWN since Aug 13th, 2018 at 0.800
The intermediate term trend has been UP since Jan 18th, 2019 at 0.689
The short term trend has been UP since Feb 13th, 2019 at 0.720
Smart Scan Analysis for ITP
Based on a pre-defined weighted trend formula for chart analysis, ITP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.83||Year High Date||2018-01-26|
|Year Low||0.63||Year Low Date||2018-11-27|
|52wk High||1.38||52wk High Date||2018-03-02|
|52wk Low||0.59||52wk Low Date||2019-01-04|
|Average Volume||8,775||Shares Outstanding||21,985|