Stock Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
Royal Nickel Corp (TSE:RNX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.
MarketClub’s Trade Triangles for RNX
The long term trend has been DOWN since Apr 16th, 2019 at 0.46
The intermediate term trend has been DOWN since Mar 26th, 2019 at 0.51
The short term trend has been DOWN since Apr 23rd, 2019 at 0.44
Smart Scan Analysis for RNX
Based on a pre-defined weighted trend formula for chart analysis, RNX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.18||Year High Date||2018-09-24|
|Year Low||0.07||Year Low Date||2018-08-16|
|52wk High||1.18||52wk High Date||2018-09-24|
|52wk Low||0.07||52wk Low Date||2018-08-16|
|Year End Close||0.42||Average Volume||4,398,708|