Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Newmark Group, Inc (NASDAQ:NMRK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NMRK
The long term trend has been UP since Jul 1st, 2019 at 9.040
The intermediate term trend has been DOWN since Dec 30th, 2019 at 13.125
The short term trend has been DOWN since Jan 22nd, 2020 at 11.865
Smart Scan Analysis for NMRK
Based on a pre-defined weighted trend formula for chart analysis, NMRK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||16.98||Year High Date||2018-02-01|
|Year Low||8.63||Year Low Date||2018-11-29|
|52wk High||13.85||52wk High Date||2019-12-23|
|52wk Low||7.02||52wk Low Date||2019-05-10|
|Average Volume||820,778||Shares Outstanding||179,921|