Free Daily Analysis

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.

NASDAQ_SOCL
Open High Low SOCL Price Change
47.980 48.535 47.755 47.790 -1.020
Entry Signal

MarketClub’s Trade Triangles for SOCL

long term up The long-term trend has been UP since May 19th, 2020 at 37.17

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 30.07

short term up 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).

+90
Smart Scan Analysis for SOCL
Strong Downtrend Sideways 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 High39.03Year High Date2018-03-13
Year Low26.67Year Low Date2018-11-20
52wk High40.7952wk High Date2020-06-10
52wk Low24.5752wk Low Date2020-03-18
Year End Close12.94Average Volume44,539
Shares Outstanding3,500Market Cap132M
Assets118MVolatility36.2
Get a free daily analysis and signals for Global X Social Media ETF (SOCL) - Request Your Free Report.