Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
S&P/ASX 200 VIX (ASX:XVI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XVI
The long term trend has been UP since Jun 21st, 2017 at 14.165
The intermediate term trend has been UP since Jun 7th, 2017 at 13.654
The short term trend has been DOWN since Jun 26th, 2017 at 12.511
Smart Scan Analysis for XVI
Based on a pre-defined weighted trend formula for chart analysis, XVI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.164||52wk High Date||2014-10-13|
|52wk Low||8.842||52wk Low Date||2014-07-17|