Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P/TSX VIX Index (TSE:VIXC)
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 VIXC
The long term trend has been UP since May 10th, 2019 at 16.64
The intermediate term trend has been DOWN since Jun 6th, 2019 at 10.96
The short term trend has been DOWN since Jul 19th, 2019 at 10.35
Smart Scan Analysis for VIXC
Based on a pre-defined weighted trend formula for chart analysis, VIXC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.11||52wk High Date||2018-02-09|
|52wk Low||6.48||52wk Low Date||2017-12-04|