Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
S&P TOTAL MARKET INDEX PHARMACEUTICALS (CME:STM3520)
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 STM3520
The long term trend has been UP since Feb 15th, 2017 at 2849.72
The intermediate term trend has been UP since Nov 29th, 2017 at 3137.91
The short term trend has been DOWN since Dec 14th, 2017 at 3153.15
Smart Scan Analysis for STM3520
Based on a pre-defined weighted trend formula for chart analysis, STM3520 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3292.66||52wk High Date||2017-10-18|
|52wk Low||2640.71||52wk Low Date||2017-01-24|