Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
PIMCO LOW DURATION US CORPORATE BOND SOU (NASDAQ:INLDCU.IV)
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 INLDCU.IV
The long term trend has been DOWN since Dec 14th, 2017 at 102.52
The intermediate term trend has been DOWN since Apr 20th, 2018 at 101.05
The short term trend has been UP since May 21st, 2018 at 100.80
Smart Scan Analysis for INLDCU.IV
Based on a pre-defined weighted trend formula for chart analysis, INLDCU.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||103.67||52wk High Date||2017-09-11|
|52wk Low||100.68||52wk Low Date||2018-05-17|