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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

VanEck Steel ETF (PACF:SLX)

Weak Downtrend (-65) - SLX is showing signs of a strengthening downtrend. Monitor SLX as it may be building momentum to the downside.

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
68.7700 68.7200 67.8900 67.9450 -1.4154
Entry Signal

MarketClub’s Trade Triangles for SLX

long term up The long-term trend has been UP since Nov 30th, 2023 at 69.93

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 70.94

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 72.05

Smart Scan Analysis for SLX

Based on our trend formula, SLX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.7700 68.7200 67.8900 67.9450 -1.4154
Prev. Close Volume Bid Ask Time
69.3604 4044 2024-04-25 10:04:58
Year High51.92Year High Date2018-05-17
Year Low38.4Year Low Date2018-11-28
52wk High7552wk High Date2023-12-27
52wk Low55.1952wk Low Date2023-05-31
Year End Close48.69Average Volume13,033
Shares Outstanding1,800Assets1,611M
Beta1.69Volatility33.59
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