Mutual Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
SSGA S&P 500 INDEX FUND (NASDAQ:SVSPX)
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 SVSPX
The long term trend has been DOWN since Feb 8th, 2018 at 37.28
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 37.90
The short term trend has been UP since Mar 26th, 2018 at 36.27
Smart Scan Analysis for SVSPX
Based on a pre-defined weighted trend formula for chart analysis, SVSPX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||40.58||52wk High Date||2018-01-26|
|52wk Low||34.12||52wk Low Date||2017-04-21|
|Year End Close||37.75||Payment Date||2018-03-23|