Stock Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
TEL Instrument Electronic (AMEX:TIK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 TIK
The long term trend has been UP since Nov 30th, 2018 at 5.400
The intermediate term trend has been DOWN since Feb 13th, 2019 at 4.275
The short term trend has been DOWN since Feb 5th, 2019 at 5.400
Smart Scan Analysis for TIK
Based on a pre-defined weighted trend formula for chart analysis, TIK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.4||Year High Date||2018-08-17|
|Year Low||2.051||Year Low Date||2018-04-10|
|52wk High||6||52wk High Date||2019-02-04|
|52wk Low||2.051||52wk Low Date||2018-04-10|
|Year End Close||3.6499||Average Volume||66,623|
|Shares Outstanding||3,256||Short Interest||1,792|
|% Institutional||5.1||Market Cap||12M|