Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
ENERGY SELECT SECURITY SPDR NAV NAV (PACF:XLE.IV)
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 XLE.IV
The long term trend has been DOWN since Feb 8th, 2018 at 66.7936
The intermediate term trend has been UP since Apr 5th, 2018 at 68.9984
The short term trend has been DOWN since Apr 24th, 2018 at 72.6978
Smart Scan Analysis for XLE.IV
Based on a pre-defined weighted trend formula for chart analysis, XLE.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||78.3894||52wk High Date||2018-01-24|
|52wk Low||61.8073||52wk Low Date||2017-08-21|