Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P TSX 60 VIX (TSE:VIXC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 VIXC
The long term trend has been UP since Jan 23rd, 2018 at 14.54
The intermediate term trend has been DOWN since Apr 18th, 2018 at 11.88
The short term trend has been DOWN since May 15th, 2018 at 12.53
Smart Scan Analysis for VIXC
Based on a pre-defined weighted trend formula for chart analysis, VIXC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.66||52wk High Date||2017-09-06|
|52wk Low||4.63||52wk Low Date||2017-09-11|