Stock Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Nexa Resources SA (TSE:NEXA)
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 NEXA
The long term trend has been DOWN since Apr 9th, 2018 at 22.13
The intermediate term trend has been DOWN since Jan 9th, 2019 at 15.64
The short term trend has been DOWN since Feb 15th, 2019 at 11.99
Smart Scan Analysis for NEXA
Based on a pre-defined weighted trend formula for chart analysis, NEXA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.7||Year High Date||2018-03-02|
|Year Low||13.9||Year Low Date||2018-09-13|
|52wk High||26.7||52wk High Date||2018-03-02|
|52wk Low||13.9||52wk Low Date||2018-09-13|