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Stock Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Major Drilling Group Intl (TSE:MDI)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low MDI Price Change
4.905 5.050 4.895 5.050 +0.130
Entry Signal

MarketClub’s Trade Triangles for MDI

long term up The long term trend has been UP since Aug 6th, 2019 at 4.60

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 4.21

short term up The short term trend has been UP since Aug 19th, 2019 at 5.00

Smart Scan Analysis for MDI

Based on a pre-defined weighted trend formula for chart analysis, MDI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.905 5.050 4.895 5.050 +0.130
Prev. Close Volume Bid Ask Time
4.150 81375 2019-08-21 15:59:48
Year High7.89Year High Date2018-06-05
Year Low4.17Year Low Date2018-11-14
52wk High7.8952wk High Date2018-06-05
52wk Low4.1752wk Low Date2018-11-14
Year End Close9.8Average Volume52,866
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