Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
iShares North American Tech-Multimedia Networking ETF (PACF:IGN)
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 IGN
The long term trend has been DOWN since May 31st, 2019 at 50.92
The intermediate term trend has been UP since Sep 9th, 2019 at 52.37
The short term trend has been UP since Aug 29th, 2019 at 50.54
Smart Scan Analysis for IGN
Based on a pre-defined weighted trend formula for chart analysis, IGN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||56.6957||Year High Date||2018-08-30|
|Year Low||47.49||Year Low Date||2018-10-29|
|52wk High||60.9181||52wk High Date||2019-04-24|
|52wk Low||44.15||52wk Low Date||2018-12-24|
|Year End Close||28.1399||Average Volume||40,163|