Stock Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Akorn, Inc (NASDAQ:AKRX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 AKRX
The long term trend has been DOWN since Sep 11th, 2018 at 13.5100
The intermediate term trend has been UP since Jan 25th, 2019 at 4.1899
The short term trend has been DOWN since Feb 20th, 2019 at 4.2600
Smart Scan Analysis for AKRX
Based on a pre-defined weighted trend formula for chart analysis, AKRX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||33.63||Year High Date||2018-01-12|
|Year Low||5.2501||Year Low Date||2018-10-02|
|52wk High||31.98||52wk High Date||2018-02-16|
|52wk Low||3.14||52wk Low Date||2019-01-02|
|Year End Close||13.36||Average Volume||2,071,628|
|Shares Outstanding||125,492||Short Interest||12,271,842|
|% Institutional||90.7||Market Cap||557M|