Stock Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
Luminex Corp (NASDAQ:LMNX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 LMNX
The long term trend has been DOWN since Nov 6th, 2018 at 24.83
The intermediate term trend has been DOWN since May 7th, 2019 at 21.25
The short term trend has been UP since May 24th, 2019 at 21.28
Smart Scan Analysis for LMNX
Based on a pre-defined weighted trend formula for chart analysis, LMNX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||35.37||Year High Date||2018-08-06|
|Year Low||18.62||Year Low Date||2018-02-09|
|52wk High||35.37||52wk High Date||2018-08-06|
|52wk Low||19.1991||52wk Low Date||2018-05-04|
|Year End Close||16.7985||Average Volume||352,589|
|Shares Outstanding||44,580||Short Interest||1,770,169|
|% Institutional||71.5||Market Cap||1,160M|