Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Inovalon Holdings, Inc (NASDAQ:INOV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 INOV
The long term trend has been UP since Nov 29th, 2018 at 12.95
The intermediate term trend has been DOWN since Feb 21st, 2019 at 13.45
The short term trend has been UP since Mar 22nd, 2019 at 12.77
Smart Scan Analysis for INOV
Based on a pre-defined weighted trend formula for chart analysis, INOV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.2||Year High Date||2018-01-05|
|Year Low||8.9||Year Low Date||2018-05-09|
|52wk High||15.57||52wk High Date||2019-02-15|
|52wk Low||8.9||52wk Low Date||2018-05-10|
|Average Volume||395,060||Shares Outstanding||152,415|