Stock Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Bank Petroleum Inc (TSE:BKX)
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.
MarketClub’s Trade Triangles for BKX
The long term trend has been DOWN since Jun 21st, 2018 at 0.445
The intermediate term trend has been DOWN since Jan 22nd, 2019 at 0.280
The short term trend has been UP since Feb 20th, 2019 at 0.270
Smart Scan Analysis for BKX
Based on a pre-defined weighted trend formula for chart analysis, BKX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.69||Year High Date||2018-05-22|
|Year Low||0.335||Year Low Date||2018-11-28|
|52wk High||0.69||52wk High Date||2018-05-22|
|52wk Low||0.335||52wk Low Date||2018-11-28|
|Year End Close||0.5||Average Volume||32,706|