Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
SPDR TELECOM ETF [TOTAL CASH/UNIT] (PACF:XTL.TC)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 XTL.TC
The long term trend has been UP since Jun 18th, 2018 at 3009.76
The intermediate term trend has been DOWN since Sep 5th, 2018 at -232.84
The short term trend has been DOWN since Sep 5th, 2018 at 44.80
Smart Scan Analysis for XTL.TC
Based on a pre-defined weighted trend formula for chart analysis, XTL.TC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||83804.31||52wk High Date||2017-10-16|
|52wk Low||-2740.105||52wk Low Date||2017-11-21|