Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 CWEB
The long term trend has been DOWN since Apr 25th, 2018 at 46.0000
The intermediate term trend has been UP since Jan 9th, 2019 at 21.9600
The short term trend has been UP since Jan 16th, 2019 at 21.7214
Smart Scan Analysis for CWEB
Based on a pre-defined weighted trend formula for chart analysis, CWEB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||69.08||Year High Date||2018-01-26|
|Year Low||19.76||Year Low Date||2018-10-30|
|52wk High||69.08||52wk High Date||2018-01-26|
|52wk Low||19.76||52wk Low Date||2018-10-30|