Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
iShares JPX-Nikkei 400 ETF (PACF:JPXN)
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 JPXN
The long term trend has been DOWN since Feb 9th, 2018 at 63.3300
The intermediate term trend has been UP since Feb 19th, 2019 at 58.5733
The short term trend has been UP since Mar 12th, 2019 at 58.0900
Smart Scan Analysis for JPXN
Based on a pre-defined weighted trend formula for chart analysis, JPXN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||70.78||Year High Date||2018-01-22|
|Year Low||57||Year Low Date||2018-10-29|
|52wk High||67.562||52wk High Date||2018-02-26|
|52wk Low||52.6||52wk Low Date||2018-12-24|
|Average Volume||8,350||Shares Outstanding||1,950|