Stock Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Qorvo, Inc (NASDAQ:QRVO)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 QRVO
The long term trend has been UP since Sep 6th, 2019 at 75.84
The intermediate term trend has been DOWN since Jan 6th, 2020 at 112.06
The short term trend has been DOWN since Jan 15th, 2020 at 113.00
Smart Scan Analysis for QRVO
Based on a pre-defined weighted trend formula for chart analysis, QRVO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||86.84||Year High Date||2018-03-12|
|Year Low||61||Year Low Date||2018-11-13|
|52wk High||118.49||52wk High Date||2019-12-27|
|52wk Low||58.52||52wk Low Date||2019-05-23|
|Average Volume||1,706,217||Shares Outstanding||116,174|