Stock Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
iShares MSCI Emerging Index Fund (PACF:EEM)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 EEM
The long term trend has been DOWN since May 9th, 2019 at 41.390
The intermediate term trend has been UP since Sep 4th, 2019 at 40.215
The short term trend has been DOWN since Sep 17th, 2019 at 41.810
Smart Scan Analysis for EEM
Based on a pre-defined weighted trend formula for chart analysis, EEM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||52.08||Year High Date||2018-01-26|
|Year Low||37.575||Year Low Date||2018-10-29|
|52wk High||47.15||52wk High Date||2018-06-06|
|52wk Low||37.575||52wk Low Date||2018-10-29|
|Year End Close||44.35||Average Volume||78,015,102|