Stock Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
First Asset Morningstar Nat Ba (TSE:QXM)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 QXM
The long term trend has been UP since Feb 6th, 2019 at 19.74
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 21.31
The short term trend has been DOWN since Jul 31st, 2019 at 21.50
Smart Scan Analysis for QXM
Based on a pre-defined weighted trend formula for chart analysis, QXM scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||21.24||Year High Date||2018-06-15|
|Year Low||18.72||Year Low Date||2018-10-30|
|52wk High||21.24||52wk High Date||2018-06-15|
|52wk Low||18.72||52wk Low Date||2018-10-30|
|Year End Close||10.51||Average Volume||3,194|