Stock Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
DIREXION DAILY MSCI MEXICO BULL 3X (PACF:MEXX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 MEXX
The long term trend has been DOWN since May 3rd, 2018 at 19.5500
The intermediate term trend has been UP since Jun 20th, 2018 at 14.8900
The short term trend has been UP since Jun 20th, 2018 at 14.4643
Smart Scan Analysis for MEXX
Based on a pre-defined weighted trend formula for chart analysis, MEXX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||27.4355||Year High Date||2018-01-25|
|Year Low||13.05||Year Low Date||2018-06-07|
|52wk High||33.36||52wk High Date||2017-07-26|
|52wk Low||13.05||52wk Low Date||2018-06-07|