Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
iShares MORNINGSTAR MULTI (BATS:IYLD.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 negative trend to resume. Downtrend 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 IYLD.IV
The long term trend has been DOWN since Nov 6th, 2017 at 25.3903
The intermediate term trend has been DOWN since Sep 7th, 2018 at 24.4667
The short term trend has been UP since Sep 13th, 2018 at 24.5632
Smart Scan Analysis for IYLD.IV
Based on a pre-defined weighted trend formula for chart analysis, IYLD.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.9352||52wk High Date||2017-10-02|
|52wk Low||24.3263||52wk Low Date||2018-07-03|