Stock Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
iShares MSCI China ETF (NASDAQ:MCHI)
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 MCHI
The long term trend has been DOWN since May 17th, 2019 at 58.360
The intermediate term trend has been UP since Sep 4th, 2019 at 57.110
The short term trend has been UP since Aug 29th, 2019 at 55.835
Smart Scan Analysis for MCHI
Based on a pre-defined weighted trend formula for chart analysis, MCHI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||76.72||Year High Date||2018-01-26|
|Year Low||50.45||Year Low Date||2018-10-29|
|52wk High||72.16||52wk High Date||2018-06-07|
|52wk Low||50.45||52wk Low Date||2018-10-29|
|Average Volume||6,698,215||Shares Outstanding||73,400|