Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Unit Group, Inc (NASDAQ:UNIT)
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 UNIT
The long term trend has been DOWN since Dec 12th, 2018 at 18.2300
The intermediate term trend has been DOWN since Aug 23rd, 2019 at 7.8400
The short term trend has been UP since Sep 5th, 2019 at 7.6613
Smart Scan Analysis for UNIT
Based on a pre-defined weighted trend formula for chart analysis, UNIT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.42||Year High Date||2018-06-12|
|Year Low||13.94||Year Low Date||2018-02-09|
|52wk High||23.42||52wk High Date||2018-06-12|
|52wk Low||8.06||52wk Low Date||2019-03-08|
|Average Volume||3,272,997||Shares Outstanding||184,157|