Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
Benchmark Healthcare Real Estate SCTR Index (NASDAQ:RXRESCPR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 RXRESCPR
The long term trend has been UP since Jan 28th, 2019 at 1082.33
The intermediate term trend has been DOWN since Apr 16th, 2019 at 1085.74
The short term trend has been DOWN since Mar 29th, 2019 at 1112.92
Smart Scan Analysis for RXRESCPR
Based on a pre-defined weighted trend formula for chart analysis, RXRESCPR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).