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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 DOWN since Jun 7th, 2024 at 67.8900
The intermediate-term trend has been UP since Jul 3rd, 2024 at 67.6801
The short-term trend has been UP since Jul 25th, 2024 at 68.6600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.0500 | 70.1800 | 69.0344 | 70.1550 | +1.1176 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.0374 | 5191 | 2024-07-26 15:12:22 |
| 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 | 59.71 | 52wk Low Date | 2023-10-23 |
| Year End Close | 48.69 | Average Volume | 7,670 |
| Shares Outstanding | 1,800 | Assets | 1,611M |
| Beta | 1.69 | Volatility | 33.59 |