Stock Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
ACM Research, Inc (NASDAQ:ACMR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ACMR
The long term trend has been DOWN since Aug 14th, 2019 at 15.25
The intermediate term trend has been DOWN since Aug 14th, 2019 at 15.42
The short term trend has been UP since Aug 20th, 2019 at 14.53
Smart Scan Analysis for ACMR
Based on a pre-defined weighted trend formula for chart analysis, ACMR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.5951||Year High Date||2018-03-14|
|Year Low||4.7437||Year Low Date||2018-01-22|
|52wk High||21.88||52wk High Date||2019-05-15|
|52wk Low||9.02||52wk Low Date||2019-02-12|
|Average Volume||113,086||Shares Outstanding||16,092|