Stock Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Neovasc Inc (TSE:NVCN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NVCN
The long term trend has been DOWN since Dec 7th, 2017 at 91.00
The intermediate term trend has been UP since Jan 17th, 2019 at 0.93
The short term trend has been DOWN since Feb 5th, 2019 at 0.94
Smart Scan Analysis for NVCN
Based on a pre-defined weighted trend formula for chart analysis, NVCN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||98||Year High Date||2018-01-23|
|Year Low||1||Year Low Date||2018-11-29|
|52wk High||107||52wk High Date||2017-12-11|
|52wk Low||1||52wk Low Date||2018-11-29|