Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
TECH SELECT SECURITY SPDR TO[TOTAL CASH/UNIT] (PACF:XLK.TC)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 XLK.TC
The long term trend has been DOWN since Dec 27th, 2017 at 444.86
The intermediate term trend has been UP since Feb 7th, 2018 at 4107.85
The short term trend has been UP since Feb 7th, 2018 at 4107.85
Smart Scan Analysis for XLK.TC
Based on a pre-defined weighted trend formula for chart analysis, XLK.TC scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||27854.71||52wk High Date||2017-06-19|
|52wk Low||-436.34||52wk Low Date||2017-09-18|