Stock Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
iShares MSCI AUSTRIA ETF (PACF:EWO)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 EWO
The long term trend has been DOWN since May 25th, 2018 at 24.0600
The intermediate term trend has been DOWN since Aug 10th, 2018 at 22.7006
The short term trend has been UP since Aug 20th, 2018 at 22.2619
Smart Scan Analysis for EWO
Based on a pre-defined weighted trend formula for chart analysis, EWO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||27.41||Year High Date||2018-01-24|
|Year Low||21.57||Year Low Date||2018-08-15|
|52wk High||27.41||52wk High Date||2018-01-24|
|52wk Low||21.57||52wk Low Date||2018-08-15|
|Year End Close||18.19||Average Volume||246,259|