Stock Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Electrovaya Inc (NASDAQ:EFLVF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 EFLVF
The long term trend has been UP since Apr 9th, 2019 at 0.1543
The intermediate term trend has been DOWN since Aug 1st, 2019 at 0.2271
The short term trend has been DOWN since Aug 13th, 2019 at 0.1905
Smart Scan Analysis for EFLVF
Based on a pre-defined weighted trend formula for chart analysis, EFLVF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.4887||Year High Date||2018-01-08|
|Year Low||0.117||Year Low Date||2018-05-21|
|52wk High||0.3409||52wk High Date||2018-06-13|
|52wk Low||0.1003||52wk Low Date||2018-12-28|
|Year End Close||0.369||Average Volume||23,624|
|Shares Outstanding||70,940||% Institutional||0.5|