Stock Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
MeiraGTx Holdings Plc (NASDAQ:MGTX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 MGTX
The long term trend has been UP since Feb 25th, 2019 at 14.25
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 26.67
The short term trend has been UP since Aug 15th, 2019 at 22.58
Smart Scan Analysis for MGTX
Based on a pre-defined weighted trend formula for chart analysis, MGTX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.49||Year High Date||2018-06-08|
|Year Low||7.98||Year Low Date||2018-07-26|
|52wk High||24.6451||52wk High Date||2019-05-24|
|52wk Low||7.98||52wk Low Date||2018-07-26|
|Average Volume||109,913||Shares Outstanding||33,343|