Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
iShares INTERMEDIATE GOVT/CREDIT B [NAV] (BATS:GVI.NV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 GVI.NV
The long term trend has been DOWN since Sep 19th, 2018 at 107.19
The intermediate term trend has been DOWN since Nov 5th, 2018 at 106.69
The short term trend has been UP since Nov 12th, 2018 at 106.59
Smart Scan Analysis for GVI.NV
Based on a pre-defined weighted trend formula for chart analysis, GVI.NV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||110.3484||52wk High Date||2017-11-28|
|52wk Low||106.4549||52wk Low Date||2018-11-09|