Stock Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
China Mobile Ltd (NYSE:CHL)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 CHL
The long term trend has been DOWN since Apr 25th, 2019 at 46.990
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 44.575
The short term trend has been DOWN since Aug 22nd, 2019 at 42.090
Smart Scan Analysis for CHL
Based on a pre-defined weighted trend formula for chart analysis, CHL scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||53.23||Year High Date||2018-01-24|
|Year Low||43.25||Year Low Date||2018-07-19|
|52wk High||55.8414||52wk High Date||2019-03-20|
|52wk Low||43.25||52wk Low Date||2018-07-19|
|Year End Close||58.72||Average Volume||774,878|
|Shares Outstanding||3,721,081||Short Interest||2,010,004|
|% Institutional||1.9||Market Cap||186,818M|