Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Acceleware Ltd (CDNX:AXE)
Countertrend Up (+85) - AXE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AXE?
MarketClub looks at technical strength and momentum to determine if the timing is right for AXE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AXE
The long-term trend has been UP since May 20th, 2020 at 0.100
The intermediate-term trend has been UP since May 1st, 2020 at 0.060
The short-term trend has been DOWN since May 27th, 2020 at 0.115
Smart Scan Analysis for AXE
Based on our trend formula, AXE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.39||Year High Date||2018-01-04|
|Year Low||0.155||Year Low Date||2018-09-20|
|52wk High||0.39||52wk High Date||2018-01-04|
|52wk Low||0.155||52wk Low Date||2018-09-20|
|Year End Close||0.03||Average Volume||15,638|