Stock Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
Ely Gold Royalties Inc (NASDAQ:ELYGF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 ELYGF
The long term trend has been UP since Oct 23rd, 2018 at 0.093
The intermediate term trend has been UP since Sep 13th, 2019 at 0.276
The short term trend has been DOWN since Sep 17th, 2019 at 0.240
Smart Scan Analysis for ELYGF
Based on a pre-defined weighted trend formula for chart analysis, ELYGF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.125||Year High Date||2018-11-06|
|Year Low||0.065||Year Low Date||2018-09-11|
|52wk High||0.151||52wk High Date||2019-05-10|
|52wk Low||0.065||52wk Low Date||2018-09-11|
|Year End Close||0.166||Average Volume||50,637|
|Shares Outstanding||39,119||% Institutional||0.2|