Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
MORNINGSTAR GLOBAL UPSTREAM NATURAL RESO (CME:MUNR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 MUNR
The long term trend has been DOWN since Aug 13th, 2018 at 3287.77
The intermediate term trend has been UP since Jan 7th, 2019 at 2997.03
The short term trend has been DOWN since Jan 17th, 2019 at 3070.71
Smart Scan Analysis for MUNR
Based on a pre-defined weighted trend formula for chart analysis, MUNR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3529.42||52wk High Date||2018-01-26|
|52wk Low||3010.48||52wk Low Date||2018-11-27|