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Stock Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Avid Tech, Inc (NASDAQ:AVID)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_AVID
Open High Low AVID Price Change
6.300 6.350 6.190 6.205 -0.065
Entry Signal

MarketClub’s Trade Triangles for AVID

long term down The long term trend has been DOWN since Aug 6th, 2019 at 7.45

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 9.58

short term down The short term trend has been DOWN since Sep 9th, 2019 at 7.02

Smart Scan Analysis for AVID

Based on a pre-defined weighted trend formula for chart analysis, AVID scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for AVID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.300 6.350 6.190 6.205 -0.065
Prev. Close Volume Bid Ask Time
8.160 212840 2019-09-20 15:59:38
Year High6.99Year High Date2018-11-16
Year Low4.26Year Low Date2018-03-23
52wk High10.6552wk High Date2019-05-07
52wk Low4.3752wk Low Date2019-03-08
Year End Close7.58Average Volume775,435
Shares Outstanding42,416Short Interest665,442
% Institutional91.4Market Cap346M
Assets299,670,000MLiabilities466,757,000M
Beta1.43Volatility58.29
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