Stock Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Schmitt Industries, Inc (NASDAQ:SMIT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SMIT
The long term trend has been DOWN since Jan 2nd, 2019 at 2.5772
The intermediate term trend has been DOWN since Feb 11th, 2019 at 2.7500
The short term trend has been UP since Feb 22nd, 2019 at 2.7763
Smart Scan Analysis for SMIT
Based on a pre-defined weighted trend formula for chart analysis, SMIT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||4.12||Year High Date||2018-07-19|
|Year Low||1.911||Year Low Date||2018-04-25|
|52wk High||4.12||52wk High Date||2018-07-19|
|52wk Low||1.911||52wk Low Date||2018-04-25|
|Year End Close||3||Average Volume||6,779|
|Shares Outstanding||3,995||Short Interest||5,409|
|% Institutional||16.4||Market Cap||11M|