Stock Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
CREDIT SUISSE X-L GOLD SHARES (NASDAQ:GLDI)
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 GLDI
The long term trend has been DOWN since May 15th, 2018 at 8.8800
The intermediate term trend has been DOWN since Apr 23rd, 2018 at 9.1275
The short term trend has been UP since Sep 12th, 2018 at 8.1627
Smart Scan Analysis for GLDI
Based on a pre-defined weighted trend formula for chart analysis, GLDI scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||9.32||Year High Date||2018-02-15|
|Year Low||7.901||Year Low Date||2018-08-15|
|52wk High||9.32||52wk High Date||2018-02-15|
|52wk Low||7.901||52wk Low Date||2018-08-15|
|Average Volume||17,535||Shares Outstanding||3,500|