Stock Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
SPDR FactSet Innovative Tech ETF (PACF:XITK)
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 XITK
The long term trend has been UP since Jul 10th, 2019 at 109.8829
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 106.8900
The short term trend has been DOWN since Aug 23rd, 2019 at 103.1000
Smart Scan Analysis for XITK
Based on a pre-defined weighted trend formula for chart analysis, XITK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||107||Year High Date||2018-06-21|
|Year Low||76.6787||Year Low Date||2018-02-09|
|52wk High||109.9||52wk High Date||2019-05-03|
|52wk Low||76.05||52wk Low Date||2018-12-24|