Stock Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
MVC Capital, Inc (NYSE:MVCD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 MVCD
The long term trend has been UP since Feb 8th, 2019 at 25.6868
The intermediate term trend has been UP since May 31st, 2019 at 25.8300
The short term trend has been DOWN since Jun 18th, 2019 at 25.9200
Smart Scan Analysis for MVCD
Based on a pre-defined weighted trend formula for chart analysis, MVCD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.14||Year High Date||2018-01-02|
|Year Low||24.92||Year Low Date||2018-11-27|
|52wk High||26.12||52wk High Date||2019-02-28|
|52wk Low||23.75||52wk Low Date||2018-12-21|