Stock Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
Alta Mesa Resources, Inc WTS (NASDAQ:AMRWW)
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 AMRWW
The long term trend has been DOWN since Feb 14th, 2018 at 1.9480
The intermediate term trend has been UP since Jan 17th, 2019 at 0.0933
The short term trend has been DOWN since Feb 7th, 2019 at 0.1050
Smart Scan Analysis for AMRWW
Based on a pre-defined weighted trend formula for chart analysis, AMRWW scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||2.85||Year High Date||2018-02-01|
|Year Low||0.08||Year Low Date||2018-11-29|
|52wk High||2.14||52wk High Date||2018-03-07|
|52wk Low||0.0509||52wk Low Date||2018-12-18|