Stock Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CWEB
The long term trend has been UP since Feb 25th, 2019 at 27.83
The intermediate term trend has been UP since Jan 9th, 2019 at 21.96
The short term trend has been DOWN since Mar 20th, 2019 at 27.70
Smart Scan Analysis for CWEB
Based on a pre-defined weighted trend formula for chart analysis, CWEB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||69.08||Year High Date||2018-01-26|
|Year Low||19.76||Year Low Date||2018-10-30|
|52wk High||67||52wk High Date||2018-03-13|
|52wk Low||17.3407||52wk Low Date||2019-01-03|
|Average Volume||83,380||Shares Outstanding||2,400|