Index Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
Dow Jones Hong Kong Titans 30 Index (INDEX:XLHK)
Countertrend Up (+85) - XLHK 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 XLHK?
MarketClub looks at technical strength and momentum to determine if the timing is right for XLHK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XLHK
The long-term trend has been UP since Jul 6th, 2020 at 10284.88
The intermediate-term trend has been UP since Apr 14th, 2021 at 12351.65
The short-term trend has been DOWN since Apr 21st, 2021 at 12440.74
Smart Scan Analysis for XLHK
Based on our trend formula, XLHK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12398.67||52wk High Date||2018-01-29|
|52wk Low||9766.37||52wk Low Date||2018-10-30|