TrovaGene Inc (TROV)
5.36 -0.11 (-2.01%)
Aug 26, 2015 at market close
Short-term 10.00 10.00 Jul 17, 2015 - 46.4%
Intermediate 5.42 5.42 Aug 26, 2015 - 1.11%
Long-term 4.80 4.80 Feb 10, 2015 + 11.67%
TrovaGene Inc is rated BEAR 2, the second stage of a new downtrend progression in an extended bull market. The short-term and intermediate trends have both turned down but the long-term trend remains bullish. The number that must be taken out to move to the next level of bearishness is long-term trend support at 4.80. In a continuing long-term bull market, buyers will typically step in at or near that number—but in a strong reversal pullback, that support will eventually fail as new sellers expecting lower prices and the start of a long-term bear market emerge.