Index Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
ALERIAN ENERGY INFRASTRUCTURE INDEX (CME:AMEI)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Apr 16th, 2018 at 477.0062
The short term trend has been UP since Jul 19th, 2018 at 517.5800
Smart Scan Analysis for AMEI
Based on a pre-defined weighted trend formula for chart analysis, AMEI scored +90 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|