On the other hand, here is another analysis which I received today and get from time to time and which feels a bit differently(+ 90 on a scale from -100 to +100):
Stock Trend Analysis Report
Prepared for Paul on Friday, December 19, 2014.
OCATA THERAPEUTICS (NASDAQ:OCAT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 Triangle 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.
NASDAQ_OCAT
Open High Low OCAT Price Change
6.52 6.70 6.52 6.58 -0.11
Entry Signal
MarketClub's Trade Triangles for OCAT
long term up The long term trend has been UP since Dec 5th, 2014 at 6.990000
intermediate term up The intermediate term trend has been UP since Dec 5th, 2014 at 6.990000
short term up The short term trend has been UP since Dec 18th, 2014 at 7.040000
Smart Scan Analysis for OCAT
Based on a pre-defined weighted trend formula for chart analysis, OCAT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
+90
Smart Scan Analysis for OCAT
Strong Downtrend Sideways Strong Uptrend
Open
High
Low
Price Change
6.52 6.70 6.52 6.58 -0.11
Prev. Close Volume Bid Ask Time
6.69 18746 2014-12-19 10:41:49
Year High 12.73 Year High Date 2014-09-10
Year Low 4.95 Year Low Date 2014-06-13
52wk High 12.73 52wk High Date 2014-09-10
52wk Low 4.95 52wk Low Date 2014-06-13
Average Volume 172,244 Volatility 54.37
