Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
ALERIAN MLP EQUAL WEIGHT INDEX (CME:AMZE)
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 AMZE
The long term trend has been DOWN since Mar 1st, 2018 at 288.2393
The intermediate term trend has been UP since Apr 16th, 2018 at 278.3354
The short term trend has been DOWN since May 24th, 2018 at 296.2554
Smart Scan Analysis for AMZE
Based on a pre-defined weighted trend formula for chart analysis, AMZE scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||343.7406||52wk High Date||2018-01-24|
|52wk Low||260.7283||52wk Low Date||2018-03-28|