Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
Invesco S&P 500 High Beta ETF (PACF:SPHB)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 SPHB
The long term trend has been UP since Feb 19th, 2019 at 41.4040
The intermediate term trend has been UP since Mar 21st, 2019 at 42.2299
The short term trend has been DOWN since Apr 17th, 2019 at 43.6300
Smart Scan Analysis for SPHB
Based on a pre-defined weighted trend formula for chart analysis, SPHB scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||46.04||Year High Date||2018-01-29|
|Year Low||36.79||Year Low Date||2018-10-29|
|52wk High||45.92||52wk High Date||2018-09-21|
|52wk Low||32.69||52wk Low Date||2018-12-26|
|Year End Close||21.92||Average Volume||123,724|