Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
SUMMERHAVEN COPPER INDEX TOTAL RETURN (PACF:SCITR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SCITR
The long term trend has been DOWN since Jun 28th, 2018 at 957.8684
The intermediate term trend has been DOWN since Oct 18th, 2018 at 885.1301
The short term trend has been UP since Nov 13th, 2018 at 865.1015
Smart Scan Analysis for SCITR
Based on a pre-defined weighted trend formula for chart analysis, SCITR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1074.309||52wk High Date||2018-06-07|
|52wk Low||833.4046||52wk Low Date||2018-08-15|