Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
VALUESHARES US QUANTITATIVE VALUE IOPV (BATS:QVAL.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 QVAL.IV
The long term trend has been DOWN since Oct 3rd, 2018 at 30.7174
The intermediate term trend has been UP since Nov 6th, 2018 at 29.6956
The short term trend has been UP since Nov 26th, 2018 at 28.5366
Smart Scan Analysis for QVAL.IV
Based on a pre-defined weighted trend formula for chart analysis, QVAL.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||33.4941||52wk High Date||2018-01-29|
|52wk Low||27.0743||52wk Low Date||2018-10-26|