Stock Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
Far Point Acquisition Corp Units (NYSE:FPAC.U)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 FPAC.U
The long term trend has been UP since Feb 20th, 2019 at 10.2700
The intermediate term trend has been DOWN since Aug 16th, 2019 at 10.6701
The short term trend has been DOWN since Aug 14th, 2019 at 10.7400
Smart Scan Analysis for FPAC.U
Based on a pre-defined weighted trend formula for chart analysis, FPAC.U scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||10.45||Year High Date||2018-06-29|
|Year Low||10.06||Year Low Date||2018-09-18|
|52wk High||10.55||52wk High Date||2019-04-29|
|52wk Low||9.34||52wk Low Date||2018-12-20|