Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
RA EMERGING MARKETS LOW VOLATILITY EQUITY (CME:RALIEAMP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 RALIEAMP
The long term trend has been DOWN since May 7th, 2019 at 85.68
The intermediate term trend has been DOWN since Apr 24th, 2019 at 87.65
The short term trend has been UP since May 21st, 2019 at 83.40
Smart Scan Analysis for RALIEAMP
Based on a pre-defined weighted trend formula for chart analysis, RALIEAMP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||96.56||52wk High Date||2018-02-01|
|52wk Low||78.8||52wk Low Date||2018-10-29|