Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
iShares S&P GLOBAL ENERGY SECTOR IND VALUE (PACF:IXC.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 IXC.IV
The long term trend has been UP since Oct 3rd, 2018 at 38.4243
The intermediate term trend has been DOWN since Oct 11th, 2018 at 36.4859
The short term trend has been DOWN since Oct 10th, 2018 at 37.7242
Smart Scan Analysis for IXC.IV
Based on a pre-defined weighted trend formula for chart analysis, IXC.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.4631||52wk High Date||2018-05-22|
|52wk Low||32.0137||52wk Low Date||2017-11-20|