Index Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
ALPHA SHARES CHINA REAL ESTATE INDEX (CME:ACNRE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 ACNRE
The long term trend has been DOWN since Jun 24th, 2018 at 5805.68
The intermediate term trend has been UP since Nov 16th, 2018 at 4999.34
The short term trend has been UP since Dec 13th, 2018 at 5187.84
Smart Scan Analysis for ACNRE
Based on a pre-defined weighted trend formula for chart analysis, ACNRE scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6599.27||52wk High Date||2018-01-29|
|52wk Low||4569.26||52wk Low Date||2018-10-25|