Stock Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
Oceanus Resources Corp (CDNX:OCN)
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 OCN
The long term trend has been DOWN since Oct 6th, 2017 at 0.260
The intermediate term trend has been UP since Feb 5th, 2019 at 0.095
The short term trend has been UP since Mar 6th, 2019 at 0.100
Smart Scan Analysis for OCN
Based on a pre-defined weighted trend formula for chart analysis, OCN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.27||Year High Date||2018-02-26|
|Year Low||0.105||Year Low Date||2018-11-22|
|52wk High||0.31||52wk High Date||2017-12-01|
|52wk Low||0.105||52wk Low Date||2018-11-22|
|Year End Close||0.34||Average Volume||34,943|