Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Innovate Biopharmaceuticals, Inc (NASDAQ:INNT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 INNT
The long term trend has been DOWN since Mar 29th, 2019 at 1.7000
The intermediate term trend has been UP since Sep 9th, 2019 at 0.9200
The short term trend has been UP since Sep 5th, 2019 at 0.8701
Smart Scan Analysis for INNT
Based on a pre-defined weighted trend formula for chart analysis, INNT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||50.5||Year High Date||2018-04-03|
|Year Low||2.35||Year Low Date||2018-11-19|
|52wk High||29.09||52wk High Date||2018-07-03|
|52wk Low||1.23||52wk Low Date||2019-05-24|
|Average Volume||1,943,981||Shares Outstanding||35,384|