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Stock Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

VanEck Steel ETF (PACF:SLX)

Strong Downtrend (-100) - SLX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SLX continues to fall. 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.

PACF_SLX
Open High Low SLX Price Change
65.3000 65.5600 64.7802 65.1600 -1.1500
Entry Signal

MarketClub’s Trade Triangles for SLX

long term down The long-term trend has been DOWN since Jun 7th, 2024 at 67.8900

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 70.3608

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 70.4082

Smart Scan Analysis for SLX

Based on our trend formula, SLX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.3000 65.5600 64.7802 65.1600 -1.1500
Prev. Close Volume Bid Ask Time
65.1600 9721 2024-06-14 15:59:46
Year High51.92Year High Date2018-05-17
Year Low38.4Year Low Date2018-11-28
52wk High7552wk High Date2023-12-27
52wk Low59.7152wk Low Date2023-10-23
Year End Close48.69Average Volume11,780
Shares Outstanding1,800Assets1,611M
Beta1.69Volatility33.59
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