Index Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
S&P TOTAL MARKET INDEX SEMICONDUCTORS EQUITIES (CME:STM4530)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 STM4530
The long term trend has been DOWN since Sep 12th, 2018 at 3078.34
The intermediate term trend has been UP since Jan 10th, 2019 at 2779.43
The short term trend has been UP since Jan 18th, 2019 at 2820.94
Smart Scan Analysis for STM4530
Based on a pre-defined weighted trend formula for chart analysis, STM4530 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3908.24||52wk High Date||2017-12-06|
|52wk Low||2638.44||52wk Low Date||2018-10-29|