Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
SPDR DOUBLELINE SHORT DUR TOTAL RETURN TAC I (BATS:STOT.IV)
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 STOT.IV
The long term trend has been DOWN since Jan 16th, 2018 at 49.2029
The intermediate term trend has been DOWN since Nov 1st, 2018 at 48.5032
The short term trend has been UP since Nov 9th, 2018 at 48.4402
Smart Scan Analysis for STOT.IV
Based on a pre-defined weighted trend formula for chart analysis, STOT.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.6487||52wk High Date||2018-01-11|
|52wk Low||48.3986||52wk Low Date||2018-11-08|