Stock Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
iShares Trust iShares Russell 2500 ETF (BATS:SMMD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SMMD
The long term trend has been DOWN since Oct 10th, 2018 at 45.5365
The intermediate term trend has been UP since Jan 8th, 2019 at 39.9200
The short term trend has been UP since Jan 16th, 2019 at 40.9400
Smart Scan Analysis for SMMD
Based on a pre-defined weighted trend formula for chart analysis, SMMD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||48.83||Year High Date||2018-09-06|
|Year Low||40.7||Year Low Date||2018-02-09|
|52wk High||48.83||52wk High Date||2018-09-06|
|52wk Low||40.7||52wk Low Date||2018-02-09|