Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2019.
ToughBuilt Industries, Inc. - Common Stock (NASDAQ:TBLT)
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 TBLT
The long term trend has been DOWN since May 2nd, 2019 at 1.0100
The intermediate term trend has been DOWN since Aug 19th, 2019 at 0.3990
The short term trend has been UP since Nov 14th, 2019 at 0.2939
Smart Scan Analysis for TBLT
Based on a pre-defined weighted trend formula for chart analysis, TBLT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5.55||52wk High Date||2019-01-16|
|52wk Low||0.2725||52wk Low Date||2019-06-27|
|Average Volume||458,983||Shares Outstanding||25,664|