Stock Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
Avinger, Inc (NASDAQ:AVGR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 AVGR
The long term trend has been DOWN since Jun 12th, 2019 at 4.523
The intermediate term trend has been DOWN since Jun 12th, 2019 at 4.523
The short term trend has been UP since Oct 16th, 2019 at 0.830
Smart Scan Analysis for AVGR
Based on a pre-defined weighted trend formula for chart analysis, AVGR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||9.77600000||Year High Date||2018-01-18|
|Year Low||0.27000000||Year Low Date||2018-11-09|
|52wk High||13.50000000||52wk High Date||2018-10-04|
|52wk Low||0.77000000||52wk Low Date||2019-10-02|
|Average Volume||524,264||Shares Outstanding||6,425|