Stock Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
iShares MSCI TAIWAN INDEX (PACF:EWT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 EWT
The long term trend has been UP since Feb 9th, 2017 at 31.855
The intermediate term trend has been UP since Oct 12th, 2017 at 37.520
The short term trend has been DOWN since Oct 19th, 2017 at 37.630
Smart Scan Analysis for EWT
Based on a pre-defined weighted trend formula for chart analysis, EWT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||37.93||Year High Date||2017-10-16|
|Year Low||29.62||Year Low Date||2017-01-03|
|52wk High||37.93||52wk High Date||2017-10-16|
|52wk Low||28.92||52wk Low Date||2016-12-22|
|Year End Close||13.62||Average Volume||3,165,961|