Mutual Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
VANGUARD ENERGY INDEX FUND ADMIRAL SHARES (NASDAQ:VENAX)
Long-Term Downtrend (-90) - VENAX is in a strong downtrend that is likely to continue. While VENAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VENAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VENAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VENAX
The long-term trend has been DOWN since Sep 8th, 2020 at 23.03
The intermediate-term trend has been DOWN since Aug 26th, 2020 at 24.19
The short-term trend has been DOWN since Oct 13th, 2020 at 20.83
Smart Scan Analysis for VENAX
Based on our trend formula, VENAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||41.33||52wk High Date||2020-01-06|
|52wk Low||15.53||52wk Low Date||2020-03-18|
|Year End Close||40.74||Payment Date||2020-06-22|