Index Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
VALUESHARES US QUANTITATIVE VALUE IOPV (BATS:QVAL.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 QVAL.IV
The long term trend has been UP since Aug 7th, 2017 at 25.8899
The intermediate term trend has been UP since Feb 27th, 2018 at 32.0409
The short term trend has been DOWN since Mar 14th, 2018 at 31.3247
Smart Scan Analysis for QVAL.IV
Based on a pre-defined weighted trend formula for chart analysis, QVAL.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||33.4941||52wk High Date||2018-01-29|
|52wk Low||24.5233||52wk Low Date||2017-05-19|