Stock Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Valaris plc Class A Ordinary Shares (NYSE:VAL)
Long-Term Downtrend (-90) - VAL is in a strong downtrend that is likely to continue. While VAL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VAL?
MarketClub looks at technical strength and momentum to determine if the timing is right for VAL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VAL
The long-term trend has been DOWN since Feb 24th, 2020 at 3.42
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 0.52
The short-term trend has been DOWN since Jul 28th, 2020 at 0.63
Smart Scan Analysis for VAL
Based on our trend formula, VAL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.68||52wk High Date||2019-07-10|
|52wk Low||0.2906||52wk Low Date||2020-05-14|
|Average Volume||31,291,475||Shares Outstanding||205,941|