Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
FRANKLIN LIBERTYQ US MID-CAP EQUITY ETF (BATS:FLQM.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FLQM.IV
The long term trend has been DOWN since Oct 11th, 2018 at 28.1755
The intermediate term trend has been DOWN since Sep 24th, 2018 at 30.3541
The short term trend has been UP since Oct 16th, 2018 at 28.6517
Smart Scan Analysis for FLQM.IV
Based on a pre-defined weighted trend formula for chart analysis, FLQM.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30.7087||52wk High Date||2018-09-14|
|52wk Low||25.8795||52wk Low Date||2017-11-09|