Stock Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
iShares Canadian Corp Bond Ind (TSE:XCB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XCB
The long term trend has been UP since Dec 20th, 2018 at 20.96
The intermediate term trend has been DOWN since Sep 6th, 2019 at 21.83
The short term trend has been UP since Sep 18th, 2019 at 21.70
Smart Scan Analysis for XCB
Based on a pre-defined weighted trend formula for chart analysis, XCB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||21.22||Year High Date||2018-01-03|
|Year Low||20.425||Year Low Date||2018-11-12|
|52wk High||21.44||52wk High Date||2017-12-15|
|52wk Low||20.425||52wk Low Date||2018-11-12|
|Year End Close||21.48||Average Volume||29,631|