Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
ARDOUR SOLAR ENERGY INDEX EUR (PACF:SOLRE)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SOLRE
The long term trend has been DOWN since Feb 5th, 2018 at 482.40
The intermediate term trend has been UP since Apr 20th, 2018 at 525.42
The short term trend has been DOWN since Apr 24th, 2018 at 518.67
Smart Scan Analysis for SOLRE
Based on a pre-defined weighted trend formula for chart analysis, SOLRE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||557.24||52wk High Date||2018-01-12|
|52wk Low||384.62||52wk Low Date||2017-06-16|