Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
PEARL EQUITY ETF CALLS ISSUES UNCHG (DTN:@ICPFU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @ICPFU
The long term trend has been UP since Mar 6th, 2018 at 48
The intermediate term trend has been UP since Oct 9th, 2018 at 58
The short term trend has been UP since Nov 26th, 2018 at 53
Smart Scan Analysis for @ICPFU
Based on a pre-defined weighted trend formula for chart analysis, @ICPFU scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).