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Stock Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Global X Social Media ETF (NASDAQ:SOCL)
Long-Term Uptrend (+90) - SOCL is in a strong uptrend that is likely to continue. While SOCL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SOCL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOCL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SOCL
The long-term trend has been UP since May 19th, 2020 at 37.17
The intermediate-term trend has been UP since Apr 6th, 2020 at 30.07
The short-term trend has been UP since Jul 29th, 2020 at 45.91
Smart Scan Analysis for SOCL
Based on our trend formula, SOCL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.980 | 48.535 | 47.755 | 47.790 | -1.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.840 | 50514 | 2020-08-07 13:50:20 |
| Year High | 39.03 | Year High Date | 2018-03-13 |
| Year Low | 26.67 | Year Low Date | 2018-11-20 |
| 52wk High | 40.79 | 52wk High Date | 2020-06-10 |
| 52wk Low | 24.57 | 52wk Low Date | 2020-03-18 |
| Year End Close | 12.94 | Average Volume | 44,539 |
| Shares Outstanding | 3,500 | Market Cap | 132M |
| Assets | 118M | Volatility | 36.2 |