Stock Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Newrange Gold Corp (CDNX:NRG)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NRG
The long term trend has been DOWN since Nov 13th, 2017 at 0.45
The intermediate term trend has been DOWN since Feb 19th, 2019 at 0.17
The short term trend has been UP since Mar 18th, 2019 at 0.14
Smart Scan Analysis for NRG
Based on a pre-defined weighted trend formula for chart analysis, NRG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.38||Year High Date||2018-01-17|
|Year Low||0.07||Year Low Date||2018-09-21|
|52wk High||0.38||52wk High Date||2017-12-29|
|52wk Low||0.07||52wk Low Date||2018-09-21|