Stock Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Sun Metals Corp (CDNX:SUNM)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SUNM
The long term trend has been DOWN since Aug 15th, 2019 at 0.455
The intermediate term trend has been UP since Dec 4th, 2019 at 0.220
The short term trend has been DOWN since Dec 6th, 2019 at 0.190
Smart Scan Analysis for SUNM
Based on a pre-defined weighted trend formula for chart analysis, SUNM scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.395||Year High Date||2018-11-14|
|Year Low||0.12||Year Low Date||2018-08-02|
|52wk High||0.4||52wk High Date||2017-12-20|
|52wk Low||0.12||52wk Low Date||2018-08-02|