Stock Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Scotia Strategic Canadian Equity ETF (TSE:SCAD)
Countertrend Up (+85) - SCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCAD
The long-term trend has been UP since Jul 20th, 2020 at 18.82
The intermediate-term trend has been UP since Oct 9th, 2020 at 19.37
The short-term trend has been UP since Nov 9th, 2020 at 19.18
Smart Scan Analysis for SCAD
Based on our trend formula, SCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20.36||Year High Date||2018-07-19|
|Year Low||18.06||Year Low Date||2018-10-26|
|52wk High||20.36||52wk High Date||2018-07-19|
|52wk Low||18.06||52wk Low Date||2018-10-26|