Stock Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
Global X China Consumer ETF (PACF:CHIQ)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 CHIQ
The long term trend has been UP since Feb 4th, 2019 at 14.89
The intermediate term trend has been DOWN since Apr 25th, 2019 at 16.81
The short term trend has been DOWN since May 17th, 2019 at 15.38
Smart Scan Analysis for CHIQ
Based on a pre-defined weighted trend formula for chart analysis, CHIQ scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.9843||Year High Date||2018-06-12|
|Year Low||12.75||Year Low Date||2018-10-29|
|52wk High||19.9843||52wk High Date||2018-06-12|
|52wk Low||12.56||52wk Low Date||2019-01-03|
|Year End Close||14.87||Average Volume||60,766|