Stock Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
VANECK VECTORS STEEL ETF (PACF:SLX)
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 SLX
The long term trend has been UP since Jul 19th, 2017 at 41.3931
The intermediate term trend has been DOWN since May 29th, 2018 at 48.4600
The short term trend has been UP since Jul 6th, 2018 at 45.4790
Smart Scan Analysis for SLX
Based on a pre-defined weighted trend formula for chart analysis, SLX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.92||Year High Date||2018-05-17|
|Year Low||43.71||Year Low Date||2018-03-28|
|52wk High||51.92||52wk High Date||2018-05-17|
|52wk Low||39.22||52wk Low Date||2017-08-11|
|Year End Close||48.69||Average Volume||19,733|