Stock Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
Denovo Capital Corp (CDNX:DSY)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 DSY
The long term trend has been DOWN since Jun 26th, 2019 at 1.425
The intermediate term trend has been UP since Oct 28th, 2019 at 1.350
The short term trend has been UP since Oct 28th, 2019 at 1.350
Smart Scan Analysis for DSY
Based on a pre-defined weighted trend formula for chart analysis, DSY scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.4||Year High Date||2018-03-15|
|Year Low||0.16||Year Low Date||2018-08-15|
|52wk High||0.4||52wk High Date||2018-03-15|
|52wk Low||0.16||52wk Low Date||2018-08-15|
|Year End Close||0.59||Average Volume||7,566|