Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
SPDR S&P 500 GROWTH ETF [NAV] (PACF:SPYG.NV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.
MarketClub’s Trade Triangles for SPYG.NV
The long term trend has been UP since Jun 5th, 2018 at 35.6871
The intermediate term trend has been UP since Apr 18th, 2018 at 33.0879
The short term trend has been DOWN since Jun 19th, 2018 at 36.0970
Smart Scan Analysis for SPYG.NV
Based on a pre-defined weighted trend formula for chart analysis, SPYG.NV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||126.2938||52wk High Date||2017-10-16|
|52wk Low||29.3718||52wk Low Date||2017-07-07|