Stock Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
Global X Silver Miners ETF (PACF:SIL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 SIL
The long term trend has been DOWN since Apr 23rd, 2019 at 24.1801
The intermediate term trend has been DOWN since Apr 1st, 2019 at 26.0100
The short term trend has been UP since May 22nd, 2019 at 22.7200
Smart Scan Analysis for SIL
Based on a pre-defined weighted trend formula for chart analysis, SIL scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||34.1||Year High Date||2018-01-24|
|Year Low||22.3574||Year Low Date||2018-11-13|
|52wk High||32.08||52wk High Date||2018-04-18|
|52wk Low||22.3574||52wk Low Date||2018-11-13|
|Year End Close||22.65||Average Volume||103,879|