Stock Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
GLOBAL X MSCI PAKISTAN ETF (PACF:PAK)
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 PAK
The long term trend has been DOWN since Jun 16th, 2017 at 16.74
The intermediate term trend has been DOWN since May 30th, 2017 at 18.14
The short term trend has been UP since Jul 14th, 2017 at 15.60
Smart Scan Analysis for PAK
Based on a pre-defined weighted trend formula for chart analysis, PAK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.23||Year High Date||2017-05-15|
|Year Low||15.38||Year Low Date||2017-07-11|
|52wk High||19.23||52wk High Date||2017-05-15|
|52wk Low||15.09||52wk Low Date||2016-10-27|