Stock Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)
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 FALN
The long term trend has been DOWN since Dec 26th, 2017 at 27.1101
The intermediate term trend has been DOWN since Oct 4th, 2018 at 26.3000
The short term trend has been UP since Dec 12th, 2018 at 25.1800
Smart Scan Analysis for FALN
Based on a pre-defined weighted trend formula for chart analysis, FALN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||28.04||Year High Date||2018-01-05|
|Year Low||25.07||Year Low Date||2018-11-23|
|52wk High||30.06||52wk High Date||2017-12-18|
|52wk Low||25.07||52wk Low Date||2018-11-23|