Stock Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
PDL BioPharma, Inc (NASDAQ:PDLI)
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 PDLI
The long term trend has been UP since Nov 7th, 2019 at 2.9500
The intermediate term trend has been DOWN since Jan 2nd, 2020 at 3.1750
The short term trend has been UP since Jan 13th, 2020 at 3.1767
Smart Scan Analysis for PDLI
Based on a pre-defined weighted trend formula for chart analysis, PDLI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.16||Year High Date||2018-03-09|
|Year Low||2.25||Year Low Date||2018-09-17|
|52wk High||3.89||52wk High Date||2019-04-11|
|52wk Low||2.06||52wk Low Date||2019-10-03|
|Year End Close||7.04||Average Volume||1,605,727|
|Shares Outstanding||114,185||Short Interest||20,206,004|
|% Institutional||99.9||Market Cap||268M|