Stock Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
Stingray Digital Group Inc (TSE:RAY.B)
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 RAY.B
The long term trend has been DOWN since May 3rd, 2018 at 9.63
The intermediate term trend has been UP since Jun 11th, 2019 at 6.35
The short term trend has been UP since Jun 10th, 2019 at 5.96
Smart Scan Analysis for RAY.B
Based on a pre-defined weighted trend formula for chart analysis, RAY.B scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||10.85||Year High Date||2018-04-25|
|Year Low||7.22||Year Low Date||2018-11-27|
|52wk High||10.85||52wk High Date||2018-04-25|
|52wk Low||7.22||52wk Low Date||2018-11-27|