Stock Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Invesco S&P 500 Equity Weight M (PACF:RTM)
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 RTM
The long term trend has been UP since Feb 20th, 2019 at 106.4000
The intermediate term trend has been DOWN since Mar 25th, 2019 at 102.7301
The short term trend has been DOWN since Mar 20th, 2019 at 105.2100
Smart Scan Analysis for RTM
Based on a pre-defined weighted trend formula for chart analysis, RTM scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||118.47||Year High Date||2018-01-25|
|Year Low||94.04||Year Low Date||2018-10-26|
|52wk High||113.81||52wk High Date||2018-09-21|
|52wk Low||88.5338||52wk Low Date||2018-12-26|
|Year End Close||64.79||Average Volume||6,410|