Stock Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Scorpio Bulkers, Inc (NYSE:SALT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for SALT
The long term trend has been UP since May 1st, 2019 at 5.56
The intermediate term trend has been UP since Aug 29th, 2019 at 6.21
The short term trend has been DOWN since Sep 17th, 2019 at 6.67
Smart Scan Analysis for SALT
Based on a pre-defined weighted trend formula for chart analysis, SALT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||8.45||Year High Date||2018-01-22|
|Year Low||5.25||Year Low Date||2018-11-20|
|52wk High||7.6||52wk High Date||2018-06-14|
|52wk Low||3.57||52wk Low Date||2019-03-08|
|Average Volume||509,080||Shares Outstanding||71,217|