Stock Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
SHENGKAI INNOVATIONS INC (NASDAQ:VALV)
Weak Downtrend (-65) - VALV is showing signs of a strengthening downtrend. Monitor VALV as it may be building momentum to the downside.
Is it time to buy, sell, or avoid VALV?
MarketClub looks at technical strength and momentum to determine if the timing is right for VALV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VALV
The long-term trend has been UP since Jun 19th, 2020 at 0.0064
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 0.0050
The short-term trend has been DOWN since Jul 6th, 2020 at 0.0071
Smart Scan Analysis for VALV
Based on our trend formula, VALV is rated as a -70 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||0.016||52wk High Date||2020-06-24|
|52wk Low||0.0031||52wk Low Date||2020-03-30|
|Year End Close||0.72||Average Volume||5,423|
|Shares Outstanding||17,196||Short Interest||389,924|