DOWN-DOWN-DOWN--Strong Downtrend
Stock Trend Analysis Report
Prepared for you on Thursday, June 23, 2016.
RX SAFES (NASDAQ:RXSF)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.
NASDAQ_RXSF
Open High Low RXSF Price Change
0.3 0.3 0.3 0.3 +0.1
Entry Signal
MarketClub’s Trade Triangles for RXSF
long term down The long term trend has been DOWN since May 2nd, 2016 at 0.965
intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2016 at 1.750
short term down The short term trend has been DOWN since Jun 14th, 2016 at 0.400
Smart Scan Analysis for RXSF
Based on a pre-defined weighted trend formula for chart analysis, RXSF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
-100
Smart Scan Analysis for RXSF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3 0.3 0.3 0.3 +0.1
Prev. Close Volume Bid Ask Time
0.2 3308 2016-06-23 10:46:28
Year High 3.8 Year High Date 2016-01-12
Year Low 0.2 Year Low Date 2016-06-14
52wk High 7.2 52wk High Date 2015-12-24
52wk Low 0.2 52wk Low Date 2016-06-14
Average Volume 6,511 Volatility 365.92
