Stock Trend Analysis Report
Prepared for you on Wednesday, August 21, 2019.
Sanuwave Health (NASDAQ:SNWV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SNWV
The long term trend has been DOWN since Mar 19th, 2019 at 0.150
The intermediate term trend has been UP since Aug 19th, 2019 at 0.140
The short term trend has been DOWN since Aug 20th, 2019 at 0.119
Smart Scan Analysis for SNWV
Based on a pre-defined weighted trend formula for chart analysis, SNWV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.6419||Year High Date||2018-04-05|
|Year Low||0.141||Year Low Date||2018-10-26|
|52wk High||0.45||52wk High Date||2018-07-03|
|52wk Low||0.13525||52wk Low Date||2019-03-19|
|Year End Close||0.16||Average Volume||252,801|