Stock Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
Red Electrica ADR (NASDAQ:RDEIY)
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 RDEIY
The long term trend has been UP since Jun 25th, 2018 at 10.48
The intermediate term trend has been DOWN since Feb 12th, 2019 at 11.06
The short term trend has been DOWN since Feb 1st, 2019 at 11.34
Smart Scan Analysis for RDEIY
Based on a pre-defined weighted trend formula for chart analysis, RDEIY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||11.4||Year High Date||2018-01-05|
|Year Low||9.38||Year Low Date||2018-03-22|
|52wk High||11.4||52wk High Date||2018-01-05|
|52wk Low||9.38||52wk Low Date||2018-03-22|
|Year End Close||9.95||Average Volume||50,766|