Stock Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Mongolian Mining Corp (NASDAQ:MOGLQ)
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 MOGLQ
The long term trend has been DOWN since Nov 16th, 2017 at 0.030
The intermediate term trend has been DOWN since Apr 30th, 2019 at 0.018
The short term trend has been UP since Jul 10th, 2019 at 0.012
Smart Scan Analysis for MOGLQ
Based on a pre-defined weighted trend formula for chart analysis, MOGLQ scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0326||Year High Date||2018-01-10|
|Year Low||0.0128||Year Low Date||2018-07-09|
|52wk High||0.027||52wk High Date||2018-08-27|
|52wk Low||0.012826||52wk Low Date||2018-07-09|