Stock Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
Acceleware Ltd (CDNX:AXE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 AXE
The long term trend has been DOWN since Jul 19th, 2019 at 0.160
The intermediate term trend has been UP since Nov 13th, 2019 at 0.100
The short term trend has been UP since Nov 7th, 2019 at 0.095
Smart Scan Analysis for AXE
Based on a pre-defined weighted trend formula for chart analysis, AXE scored +70 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|