Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
NYSE ARCA AIRLINE INDEX (PACF:XAL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XAL
The long term trend has been UP since Nov 29th, 2017 at 114.2824
The intermediate term trend has been UP since Feb 21st, 2018 at 120.1411
The short term trend has been DOWN since Mar 21st, 2018 at 120.7147
Smart Scan Analysis for XAL
Based on a pre-defined weighted trend formula for chart analysis, XAL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||124.4372||52wk High Date||2018-01-16|
|52wk Low||102.3996||52wk Low Date||2017-08-24|