Stock Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Shengkai Innovations (NASDAQ:VALV)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 VALV
The long term trend has been DOWN since Oct 9th, 2018 at 0.0127
The intermediate term trend has been UP since Jan 31st, 2019 at 0.0070
The short term trend has been UP since Jan 4th, 2019 at 0.0061
Smart Scan Analysis for VALV
Based on a pre-defined weighted trend formula for chart analysis, VALV scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0286||Year High Date||2018-06-21|
|Year Low||0.01||Year Low Date||2018-11-09|
|52wk High||0.0286||52wk High Date||2018-06-21|
|52wk Low||0.0061||52wk Low Date||2019-02-06|
|Year End Close||0.72||Average Volume||1,461|
|Shares Outstanding||17,196||Short Interest||389,924|