Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Red Hat, Inc (NYSE:RHT)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.

NYSE_RHT
Open High Low RHT Price Change
182.56 182.92 182.42 182.51 +0.03
Entry Signal

MarketClub’s Trade Triangles for RHT

long term up The long term trend has been UP since Oct 29th, 2018 at 152.99

intermediate term down The intermediate term trend has been DOWN since Apr 22nd, 2019 at 181.87

short term up The short term trend has been UP since Apr 24th, 2019 at 182.74

Smart Scan Analysis for RHT

Based on a pre-defined weighted trend formula for chart analysis, RHT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RHT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
182.56 182.92 182.42 182.51 +0.03
Prev. Close Volume Bid Ask Time
180.98 851708 2019-04-24 15:59:49
Year High178.26Year High Date2018-11-29
Year Low115.31Year Low Date2018-10-26
52wk High181.4452wk High Date2019-02-15
52wk Low115.3152wk Low Date2018-10-26
Year End Close52.96Average Volume1,623,242
Shares Outstanding176,760Short Interest4,541,707
% Institutional95Market Cap31,990M
AssetsMLiabilities826.3M
P/E Ratio122.3Beta1.06
Volatility110.86
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