Stock Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
iShares US INDUSTRIALS ETF (BATS:IYJ)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 IYJ
The long term trend has been DOWN since Oct 23rd, 2018 at 142.25
The intermediate term trend has been DOWN since Oct 5th, 2018 at 154.91
The short term trend has been UP since Nov 16th, 2018 at 143.38
Smart Scan Analysis for IYJ
Based on a pre-defined weighted trend formula for chart analysis, IYJ scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||160.57||Year High Date||2018-09-21|
|Year Low||133.17||Year Low Date||2018-10-29|
|52wk High||160.57||52wk High Date||2018-09-21|
|52wk Low||133.17||52wk Low Date||2018-10-29|