Stock Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Quarterhill, Inc Common Shares (NASDAQ:QTRH)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 QTRH
The long term trend has been UP since Mar 12th, 2019 at 1.1150
The intermediate term trend has been UP since Oct 22nd, 2019 at 1.2976
The short term trend has been UP since Nov 14th, 2019 at 1.2900
Smart Scan Analysis for QTRH
Based on a pre-defined weighted trend formula for chart analysis, QTRH scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.98||Year High Date||2018-01-17|
|Year Low||1.01||Year Low Date||2018-11-27|
|52wk High||1.45||52wk High Date||2019-08-23|
|52wk Low||0.86||52wk Low Date||2018-12-27|
|Average Volume||25,859||Shares Outstanding||118,572|