Stock Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
Paringa Resources Ltd Ord (NASDAQ:PNGZF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 PNGZF
The long term trend has been DOWN since Jun 17th, 2019 at 0.081
The intermediate term trend has been DOWN since Jul 15th, 2019 at 0.070
The short term trend has been UP since Jul 18th, 2019 at 0.070
Smart Scan Analysis for PNGZF
Based on a pre-defined weighted trend formula for chart analysis, PNGZF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.44||Year High Date||2018-02-02|
|Year Low||0.12||Year Low Date||2018-08-15|
|52wk High||0.354||52wk High Date||2019-04-05|
|52wk Low||0.081||52wk Low Date||2019-03-04|
|Average Volume||8,540||Shares Outstanding||454,386|