Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Atlas Copco AB Ser A (NASDAQ:ATLKY)
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 ATLKY
The long term trend has been UP since Feb 5th, 2019 at 26.690
The intermediate term trend has been DOWN since Jan 27th, 2020 at 39.560
The short term trend has been DOWN since Jan 22nd, 2020 at 41.111
Smart Scan Analysis for ATLKY
Based on a pre-defined weighted trend formula for chart analysis, ATLKY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||47.9||Year High Date||2018-01-25|
|Year Low||21.1779||Year Low Date||2018-08-14|
|52wk High||41.39||52wk High Date||2019-12-17|
|52wk Low||24.6||52wk Low Date||2019-01-15|
|Year End Close||27.86||Average Volume||58,120|