Stock Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
Mitcham Industries, Inc (NASDAQ:MINDP)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 MINDP
The long term trend has been UP since Mar 20th, 2019 at 23.8235
The intermediate term trend has been UP since May 17th, 2019 at 25.0000
The short term trend has been DOWN since Jun 12th, 2019 at 24.5100
Smart Scan Analysis for MINDP
Based on a pre-defined weighted trend formula for chart analysis, MINDP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.5||Year High Date||2018-09-10|
|Year Low||20.3||Year Low Date||2018-11-21|
|52wk High||26.25||52wk High Date||2019-04-05|
|52wk Low||20.3||52wk Low Date||2018-11-21|
|Average Volume||3,309||Market Cap||19M|