Stock Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Karnalyte Resources Inc (TSE:KRN)
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 KRN
The long term trend has been DOWN since Apr 18th, 2019 at 0.195
The intermediate term trend has been UP since May 16th, 2019 at 0.190
The short term trend has been DOWN since Jul 2nd, 2019 at 0.225
Smart Scan Analysis for KRN
Based on a pre-defined weighted trend formula for chart analysis, KRN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.61||Year High Date||2018-07-03|
|Year Low||0.19||Year Low Date||2018-11-19|
|52wk High||0.61||52wk High Date||2018-07-03|
|52wk Low||0.19||52wk Low Date||2018-11-19|
|Year End Close||6.9||Average Volume||23,391|