Stock Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
DIREXION DAILY SEMICONDUCTOR BEAR (PACF:SOXS)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SOXS
The long term trend has been DOWN since Mar 16th, 2016 at 179.600
The intermediate term trend has been UP since Aug 15th, 2018 at 10.950
The short term trend has been UP since Aug 10th, 2018 at 9.545
Smart Scan Analysis for SOXS
Based on a pre-defined weighted trend formula for chart analysis, SOXS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||17.4||Year High Date||2018-02-09|
|Year Low||8.83||Year Low Date||2018-06-07|
|52wk High||29.38||52wk High Date||2017-08-21|
|52wk Low||8.83||52wk Low Date||2018-06-07|
|Year End Close||33.0122||Average Volume||2,578,334|