Stock Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
iShares MSCI Global Gold Miners ETF (NASDAQ:RING)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 RING
The long term trend has been UP since Dec 18th, 2018 at 15.9900
The intermediate term trend has been DOWN since Apr 1st, 2019 at 17.1413
The short term trend has been DOWN since Apr 11th, 2019 at 17.6719
Smart Scan Analysis for RING
Based on a pre-defined weighted trend formula for chart analysis, RING scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.35||Year High Date||2018-01-25|
|Year Low||13.33||Year Low Date||2018-09-11|
|52wk High||18.67||52wk High Date||2018-04-18|
|52wk Low||13.33||52wk Low Date||2018-09-11|
|Average Volume||259,406||Shares Outstanding||8,100|