Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
S&P/ASX 200 NET TRI (ASX:XNT)
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.
MarketClub’s Trade Triangles for XNT
The long term trend has been UP since Nov 25th, 2016 at 50184.1
The intermediate term trend has been UP since Jul 27th, 2017 at 53892.5
The short term trend has been UP since Oct 9th, 2017 at 53770.3
Smart Scan Analysis for XNT
Based on a pre-defined weighted trend formula for chart analysis, XNT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47062.4||52wk High Date||2014-09-03|
|52wk Low||40652.2||52wk Low Date||2014-02-05|