Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 USIG
The long term trend has been DOWN since Sep 5th, 2018 at 53.551
The intermediate term trend has been UP since Dec 14th, 2018 at 52.720
The short term trend has been UP since Jan 17th, 2019 at 53.080
Smart Scan Analysis for USIG
Based on a pre-defined weighted trend formula for chart analysis, USIG scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||55.94||Year High Date||2018-01-02|
|Year Low||52.28||Year Low Date||2018-11-28|
|52wk High||56.23||52wk High Date||2017-12-15|
|52wk Low||52.28||52wk Low Date||2018-11-28|