Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Medite Cancer Diagnostics (NASDAQ:MDIT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 MDIT
The long term trend has been DOWN since Jul 2nd, 2018 at 0.1500
The intermediate term trend has been UP since Mar 19th, 2019 at 0.0205
The short term trend has been UP since Jan 28th, 2019 at 0.0300
Smart Scan Analysis for MDIT
Based on a pre-defined weighted trend formula for chart analysis, MDIT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.4||Year High Date||2018-05-24|
|Year Low||0.05||Year Low Date||2018-06-28|
|52wk High||0.4||52wk High Date||2018-05-24|
|52wk Low||0.017||52wk Low Date||2019-01-11|
|Average Volume||1,061||Shares Outstanding||86,724|