Stock Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Rich Pharmaceuticals (NASDAQ:RCHA)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 RCHA
The long term trend has been DOWN since Sep 6th, 2017 at 0.0006
The intermediate term trend has been DOWN since Mar 27th, 2018 at 0.0003
The short term trend has been UP since Aug 3rd, 2018 at 0.0002
Smart Scan Analysis for RCHA
Based on a pre-defined weighted trend formula for chart analysis, RCHA scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0008||Year High Date||2018-01-19|
|Year Low||0.0001||Year Low Date||2018-05-23|
|52wk High||0.0003||52wk High Date||2018-08-03|
|52wk Low||0.0001||52wk Low Date||2019-05-24|
|Average Volume||2,861,161||Shares Outstanding||1,883,868|