Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
SPDR S&P 400 US MID-CAP ETF (NASDAQ:INSPY4.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 INSPY4.IV
The long term trend has been DOWN since Oct 11th, 2018 at 55.48
The intermediate term trend has been DOWN since Sep 27th, 2018 at 58.14
The short term trend has been UP since Nov 26th, 2018 at 53.16
Smart Scan Analysis for INSPY4.IV
Based on a pre-defined weighted trend formula for chart analysis, INSPY4.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.12||52wk High Date||2018-09-21|
|52wk Low||50.69||52wk Low Date||2018-02-09|