Stock Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Scotia Strategic Canadian Equity ETF (TSE:SCAD)
Long-Term Uptrend (+90) - SCAD is in a strong uptrend that is likely to continue. While SCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Feb 8th, 2021 at 20.95
The short-term trend has been UP since Mar 2nd, 2021 at 21.41
Smart Scan Analysis for SCAD
Based on our trend formula, SCAD is rated as a +90 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|