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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
VanEck Steel ETF (PACF:SLX)
Weak Downtrend (-65) - SLX is showing signs of a strengthening downtrend. Monitor SLX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SLX
The long-term trend has been UP since Nov 30th, 2023 at 69.93
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 70.94
The short-term trend has been DOWN since Apr 12th, 2024 at 72.05
Smart Scan Analysis for SLX
Based on our trend formula, SLX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.78 | 70.25 | 69.00 | 69.16 | -0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.75 | 9570 | 2024-04-24 15:21:07 |
| Year High | 51.92 | Year High Date | 2018-05-17 |
| Year Low | 38.4 | Year Low Date | 2018-11-28 |
| 52wk High | 75 | 52wk High Date | 2023-12-27 |
| 52wk Low | 55.19 | 52wk Low Date | 2023-05-31 |
| Year End Close | 48.69 | Average Volume | 13,005 |
| Shares Outstanding | 1,800 | Assets | 1,611M |
| Beta | 1.69 | Volatility | 33.59 |
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