Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
CONSUMER STAPLES SELECT SECTOR INDEX (PACF:IXR)
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 IXR
The long term trend has been DOWN since Mar 19th, 2018 at 529.82
The intermediate term trend has been UP since May 30th, 2018 at 503.16
The short term trend has been DOWN since Jun 18th, 2018 at 510.61
Smart Scan Analysis for IXR
Based on a pre-defined weighted trend formula for chart analysis, IXR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||592.9||52wk High Date||2018-01-29|
|52wk Low||489.64||52wk Low Date||2018-05-03|