Stock Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Avnet, Inc (NASDAQ:AVT)
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 AVT
The long term trend has been UP since Feb 25th, 2019 at 45.17
The intermediate term trend has been DOWN since Mar 7th, 2019 at 42.36
The short term trend has been DOWN since Mar 19th, 2019 at 42.13
Smart Scan Analysis for AVT
Based on a pre-defined weighted trend formula for chart analysis, AVT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||49.405||Year High Date||2018-08-30|
|Year Low||37.11||Year Low Date||2018-10-26|
|52wk High||49.405||52wk High Date||2018-08-30|
|52wk Low||33.55||52wk Low Date||2018-12-26|
|Average Volume||940,880||Shares Outstanding||108,428|