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.
Based on a pre-defined weighted trend formula for chart analysis, SGR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
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-10 |
Last Hour Close Below 5 hour Moving Average |
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+15 |
New 3 Day High on Thursday |
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+20 |
Last Price Above 20 Day Moving Average |
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+25 |
New 3 Week High, Week Ending May 1st |
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+30 |
New 3 Month High in April |
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+90 |
Total Score |
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