Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
AlphaShares China Small Cap Index (CME:ACNSC)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ACNSC
The long term trend has been DOWN since May 19th, 2019 at 3218.57
The intermediate term trend has been UP since Oct 14th, 2019 at 3154.67
The short term trend has been UP since Oct 10th, 2019 at 3094.88
Smart Scan Analysis for ACNSC
Based on a pre-defined weighted trend formula for chart analysis, ACNSC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4314.55000000||52wk High Date||2018-01-29|
|52wk Low||2869.26000000||52wk Low Date||2018-10-30|