Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
iShares S&P GLOBAL ENERGY SECTOR IND VALUE (PACF:IXC.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Aug 15th, 2018 at 35.9290
The intermediate term trend has been DOWN since Aug 13th, 2018 at 36.6434
The short term trend has been DOWN since Aug 9th, 2018 at 37.0264
Smart Scan Analysis for IXC.IV
Based on a pre-defined weighted trend formula for chart analysis, IXC.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.4631||52wk High Date||2018-05-22|
|52wk Low||30.612||52wk Low Date||2017-08-21|