Stock Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
Direxion Daily MSCI Mexico Bull 3X (PACF:MEXX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 MEXX
The long term trend has been DOWN since Oct 22nd, 2018 at 15.330
The intermediate term trend has been DOWN since Feb 12th, 2019 at 11.475
The short term trend has been DOWN since Mar 22nd, 2019 at 10.962
Smart Scan Analysis for MEXX
Based on a pre-defined weighted trend formula for chart analysis, MEXX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||27.4355||Year High Date||2018-01-25|
|Year Low||7.39||Year Low Date||2018-11-26|
|52wk High||26.9299||52wk High Date||2018-04-18|
|52wk Low||7.39||52wk Low Date||2018-11-26|
|Average Volume||35,856||Shares Outstanding||800|