Index Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
KBW INSURANCE INDEX (NASDAQ:KIX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 KIX
The long term trend has been UP since Feb 13th, 2019 at 262.23
The intermediate term trend has been UP since Jan 7th, 2019 at 235.64
The short term trend has been DOWN since Jun 12th, 2019 at 289.98
Smart Scan Analysis for KIX
Based on a pre-defined weighted trend formula for chart analysis, KIX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||289.95||52wk High Date||2018-01-29|
|52wk Low||238.56||52wk Low Date||2018-10-26|