Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
SPDR DOUBLELINE SHORT DUR TOTAL RETURN TAC I (BATS:STOT.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 STOT.IV
The long term trend has been DOWN since Jan 16th, 2018 at 49.2029
The intermediate term trend has been UP since Aug 13th, 2018 at 48.7545
The short term trend has been UP since Aug 6th, 2018 at 48.6737
Smart Scan Analysis for STOT.IV
Based on a pre-defined weighted trend formula for chart analysis, STOT.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.7882||52wk High Date||2017-08-29|
|52wk Low||48.5834||52wk Low Date||2018-05-16|