Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
VanEck Steel ETF (PACF:SLX)
Long-Term Downtrend (-90) - SLX is in a strong downtrend that is likely to continue. While SLX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SLX
The long-term trend has been DOWN since Dec 19th, 2024 at 60.80
The intermediate-term trend has been DOWN since Dec 12th, 2024 at 68.30
The short-term trend has been DOWN since Dec 4th, 2024 at 70.85
Smart Scan Analysis for SLX
Based on our trend formula, SLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.7100 | 59.1200 | 58.4101 | 59.1053 | +0.3914 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.1164 | 20116 | 2024-12-24 12:56:01 |
| Year High | 51.92 | Year High Date | 2018-05-17 |
| Year Low | 38.4 | Year Low Date | 2018-11-28 |
| 52wk High | 75 | 52wk High Date | 2023-12-27 |
| 52wk Low | 58.25 | 52wk Low Date | 2024-12-23 |
| Year End Close | 48.69 | Average Volume | 7,733 |
| Shares Outstanding | 1,375 | Assets | 1,611M |
| Beta | 1.69 | Volatility | 33.59 |