Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
SPDR S&P TECH HARDWARE [TOTAL CASH/UNIT] (PACF:XTH.TC)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 XTH.TC
The long term trend has been UP since Aug 20th, 2018 at 1581.11
The intermediate term trend has been UP since Nov 9th, 2018 at 281.60
The short term trend has been DOWN since Nov 12th, 2018 at -96.40
Smart Scan Analysis for XTH.TC
Based on a pre-defined weighted trend formula for chart analysis, XTH.TC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||105877.1||52wk High Date||2018-08-20|
|52wk Low||-8195.21||52wk Low Date||2017-12-18|