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Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
VanEck Steel ETF (PACF:SLX)
Bull Market Weakness (+75) - SLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SLX as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SLX
The long-term trend has been UP since Nov 30th, 2023 at 69.93
The intermediate-term trend has been UP since Nov 2nd, 2023 at 65.14
The short-term trend has been DOWN since Dec 5th, 2023 at 69.25
Smart Scan Analysis for SLX
Based on our trend formula, SLX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.7400 | 69.7650 | 68.7400 | 69.1950 | +0.1548 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.0000 | 3888 | 2023-12-08 13:47:02 |
| Year High | 51.92 | Year High Date | 2018-05-17 |
| Year Low | 38.4 | Year Low Date | 2018-11-28 |
| 52wk High | 71.5 | 52wk High Date | 2023-12-01 |
| 52wk Low | 55.19 | 52wk Low Date | 2023-05-31 |
| Year End Close | 48.69 | Average Volume | 12,527 |
| Shares Outstanding | 1,825 | Assets | 1,611M |
| Beta | 1.69 | Volatility | 33.59 |