Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Global X China Materials ETF (PACF:CHIM)
Sidelines Mode (+55) - CHIM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHIM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHIM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHIM
The long-term trend has been UP since Jul 2nd, 2020 at 15.25
The intermediate-term trend has been UP since Dec 21st, 2020 at 21.82
The short-term trend has been DOWN since Mar 4th, 2021 at 25.91
Smart Scan Analysis for CHIM
Based on our trend formula, CHIM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.1224||Year High Date||2018-02-05|
|Year Low||15.31||Year Low Date||2018-11-23|
|52wk High||29.52||52wk High Date||2021-02-22|
|52wk Low||12.8401||52wk Low Date||2020-03-19|
|Year End Close||8.7701||Average Volume||11,374|