Stock Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
Tortoise Pipeline & Energy COM, Inc (NYSE:TTP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 TTP
The long term trend has been DOWN since Oct 11th, 2018 at 16.7600
The intermediate term trend has been DOWN since May 23rd, 2019 at 14.4725
The short term trend has been UP since Jun 20th, 2019 at 14.0200
Smart Scan Analysis for TTP
Based on a pre-defined weighted trend formula for chart analysis, TTP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.209||Year High Date||2018-01-16|
|Year Low||13.86||Year Low Date||2018-11-27|
|52wk High||19.4||52wk High Date||2018-08-22|
|52wk Low||11.34||52wk Low Date||2018-12-26|
|Year End Close||24.38||Average Volume||43,656|
|Shares Outstanding||10,004||Market Cap||144M|