Stock Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Invesco China Tech ETF (PACF:CQQQ)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 CQQQ
The long term trend has been DOWN since Feb 8th, 2018 at 57.1800
The intermediate term trend has been UP since Nov 2nd, 2018 at 43.6429
The short term trend has been DOWN since Dec 14th, 2018 at 42.3900
Smart Scan Analysis for CQQQ
Based on a pre-defined weighted trend formula for chart analysis, CQQQ scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||66.9||Year High Date||2018-01-26|
|Year Low||37.6308||Year Low Date||2018-10-29|
|52wk High||66.9||52wk High Date||2018-01-26|
|52wk Low||37.6308||52wk Low Date||2018-10-29|
|Year End Close||22.32||Average Volume||232,641|