Index Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
MARKET VECTORS STEEL INDEX INT IND VALUE (PACF:KLX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 KLX
The long term trend has been UP since Dec 18th, 2017 at 44.8007
The intermediate term trend has been UP since Apr 17th, 2018 at 47.6639
The short term trend has been UP since Mar 29th, 2018 at 45.8095
Smart Scan Analysis for KLX
Based on a pre-defined weighted trend formula for chart analysis, KLX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||51.7432||52wk High Date||2018-02-26|
|52wk Low||35.0629||52wk Low Date||2017-06-20|