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Index Trend Analysis Report

Prepared for you on Tuesday, May 23, 2017.

S & P/ASX MIDCAP 50 (ASX:XMD)

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.

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.

ASX_XMD
Open High Low XMD Price Change
6166.8 6207.2 6162.6 6181.7 +18.1
Entry Signal

MarketClub’s Trade Triangles for XMD

long term up The long term trend has been UP since Jan 3rd, 2017 at 5853.9

intermediate term up The intermediate term trend has been UP since Feb 13th, 2017 at 5899.9

short term up The short term trend has been UP since May 23rd, 2017 at 6173.5

Smart Scan Analysis for XMD

Based on a pre-defined weighted trend formula for chart analysis, XMD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for XMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6166.8 6207.2 6162.6 6181.7 +18.1
Prev. Close Volume Bid Ask Time
4747.5 0 0.0 0.0 2017-05-23 18:00:00
52wk High4812.752wk High Date2014-12-29
52wk Low4090.952wk Low Date2014-02-05
Want to analyze S & P/ASX MIDCAP 50 XMD or another symbol? Try our Free Index Trend Analysis Report.