Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
ALERIAN ENERGY INFRASTRUCTURE INDEX (CME:AMEI)
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 AMEI
The long term trend has been UP since Jun 1st, 2018 at 505.6974
The intermediate term trend has been DOWN since Aug 15th, 2018 at 519.3223
The short term trend has been UP since Sep 17th, 2018 at 518.8367
Smart Scan Analysis for AMEI
Based on a pre-defined weighted trend formula for chart analysis, AMEI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||568.0926||52wk High Date||2017-12-06|
|52wk Low||449.8197||52wk Low Date||2018-04-04|