Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
iShares TRUST RUSSELL 2500 ETF (BATS:SMMD)
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 SMMD
The long term trend has been DOWN since Oct 10th, 2018 at 45.5365
The intermediate term trend has been DOWN since Sep 17th, 2018 at 47.9000
The short term trend has been UP since Oct 16th, 2018 at 44.0900
Smart Scan Analysis for SMMD
Based on a pre-defined weighted trend formula for chart analysis, SMMD scored -85 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|