Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
ARROWSHARES RESERVE CAPITAL MGMT (BATS:ARCM.IV)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 ARCM.IV
The long term trend has been UP since Jul 20th, 2018 at 101.7650
The intermediate term trend has been DOWN since Oct 1st, 2018 at 100.1321
The short term trend has been UP since Oct 15th, 2018 at 100.1473
Smart Scan Analysis for ARCM.IV
Based on a pre-defined weighted trend formula for chart analysis, ARCM.IV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||103.9849||52wk High Date||2017-11-02|
|52wk Low||19.9934||52wk Low Date||2017-10-23|