Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NYSE ARCA AIRLINE INDEX (PACF:XAL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 XAL
The long term trend has been UP since Nov 29th, 2017 at 114.2824
The intermediate term trend has been UP since Jan 11th, 2018 at 119.3908
The short term trend has been UP since Jan 10th, 2018 at 116.9948
Smart Scan Analysis for XAL
Based on a pre-defined weighted trend formula for chart analysis, XAL scored +90 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|