Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
S&P/AXS200 HEALTH (ASX:XHJ)
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.
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 XHJ
The long term trend has been UP since Feb 10th, 2017 at 21256.3
The intermediate term trend has been UP since Dec 28th, 2016 at 19605.9
The short term trend has been UP since May 24th, 2017 at 23114.2
Smart Scan Analysis for XHJ
Based on a pre-defined weighted trend formula for chart analysis, XHJ scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17861.2||52wk High Date||2014-12-30|
|52wk Low||13832.7||52wk Low Date||2014-02-13|