Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
FRANKLIN LIBERTYQ US EQUITY ETF IOPV (BATS:FLQL.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 FLQL.IV
The long term trend has been UP since May 24th, 2017 at 25.4951
The intermediate term trend has been UP since Aug 31st, 2017 at 26.1952
The short term trend has been DOWN since Sep 20th, 2017 at 26.6632
Smart Scan Analysis for FLQL.IV
Based on a pre-defined weighted trend formula for chart analysis, FLQL.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.8097||52wk High Date||2017-09-18|
|52wk Low||25.0233||52wk Low Date||2017-05-18|