Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
SSGA S&P 500 INDEX FUND (NASDAQ:SVSPX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Jul 12th, 2018 at 39.20
The intermediate term trend has been UP since Jul 10th, 2018 at 39.11
The short term trend has been DOWN since Oct 4th, 2018 at 40.95
Smart Scan Analysis for SVSPX
Based on a pre-defined weighted trend formula for chart analysis, SVSPX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||41.24||52wk High Date||2018-09-20|
|52wk Low||36.18||52wk Low Date||2018-04-02|
|Year End Close||37.75||Payment Date||2018-09-21|