UMAMI SUSTAINABLE SEAFOOD (NASDAQ:UMAM) Uptrend Up Arrow Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, UMAM scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average +15 New 3 Day High on Friday -20 No Data for 20 Day Moving Average +25 New 3 Week High, October 12th +30 New 3 Month High on August 9 +80 Total Score