Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2019.
IPATH SER B BLOOMBERG SUGAR SUBINDEX TOTAL RETURN (PACF:SGG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SGG
The long term trend has been DOWN since May 1st, 2019 at 42.50
The intermediate term trend has been UP since Oct 28th, 2019 at 39.36
The short term trend has been UP since Nov 22nd, 2019 at 40.15
Smart Scan Analysis for SGG
Based on a pre-defined weighted trend formula for chart analysis, SGG scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.82||Year High Date||2018-02-05|
|Year Low||36.5||Year Low Date||2018-08-22|
|52wk High||48.97||52wk High Date||2018-10-24|
|52wk Low||36.83||52wk Low Date||2019-09-12|