Index Trend Analysis Report
Prepared for you on Tuesday, May 23, 2017.
DIREXION DAILY CONSUMER STAPLES BEAR 1X (PACF:SPLZ.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPLZ.IV
The long term trend has been DOWN since Jan 17th, 2017 at 24.8929
The intermediate term trend has been DOWN since May 22nd, 2017 at 23.2979
The short term trend has been DOWN since May 19th, 2017 at 23.3221
Smart Scan Analysis for SPLZ.IV
Based on a pre-defined weighted trend formula for chart analysis, SPLZ.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.2644||52wk High Date||2017-01-10|
|52wk Low||23.1444||52wk Low Date||2017-04-25|