Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
NYSE ARCA NO AMERICA TELECOM INDEX (PACF:XTC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 XTC
The long term trend has been UP since Aug 9th, 2018 at 1242.6063
The intermediate term trend has been UP since Nov 5th, 2018 at 1280.1783
The short term trend has been DOWN since Nov 9th, 2018 at 1266.1487
Smart Scan Analysis for XTC
Based on a pre-defined weighted trend formula for chart analysis, XTC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1305.118||52wk High Date||2018-10-03|
|52wk Low||1130.421||52wk Low Date||2018-02-09|