Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
MID-CAP 400 INDEX (PACF:MID)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 MID
The long term trend has been UP since May 21st, 2018 at 1960.71
The intermediate term trend has been UP since Aug 7th, 2018 at 2012.67
The short term trend has been DOWN since Sep 24th, 2018 at 2026.89
Smart Scan Analysis for MID
Based on a pre-defined weighted trend formula for chart analysis, MID scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2053||52wk High Date||2018-08-27|
|52wk Low||1764.31||52wk Low Date||2017-09-25|