Stock Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
SPDR GOLD SHARES (PACF:GLD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 GLD
The long term trend has been DOWN since May 1st, 2018 at 123.575
The intermediate term trend has been UP since Oct 11th, 2018 at 114.370
The short term trend has been DOWN since Oct 18th, 2018 at 115.680
Smart Scan Analysis for GLD
Based on a pre-defined weighted trend formula for chart analysis, GLD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||129.515||Year High Date||2018-01-25|
|Year Low||111.06||Year Low Date||2018-08-15|
|52wk High||129.515||52wk High Date||2018-01-25|
|52wk Low||111.06||52wk Low Date||2018-08-15|
|Year End Close||162.02||Average Volume||9,001,978|