Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
ALERIAN MLP EQUAL WEIGHT INDEX (CME:AMZE)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 AMZE
The long term trend has been UP since Jan 3rd, 2018 at 325.9829
The intermediate term trend has been UP since Dec 4th, 2017 at 305.5980
The short term trend has been DOWN since Jan 18th, 2018 at 332.8612
Smart Scan Analysis for AMZE
Based on a pre-defined weighted trend formula for chart analysis, AMZE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||376.43||52wk High Date||2017-01-26|
|52wk Low||287.9814||52wk Low Date||2017-11-29|