Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
SPDR BARCLAYS UK GILT UCITS ETF (GBP) (NASDAQ:INSYBG.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 INSYBG.IV
The long term trend has been DOWN since Sep 13th, 2018 at 56.27
The intermediate term trend has been DOWN since Jul 30th, 2018 at 57.17
The short term trend has been UP since Oct 15th, 2018 at 55.25
Smart Scan Analysis for INSYBG.IV
Based on a pre-defined weighted trend formula for chart analysis, INSYBG.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||58.23||52wk High Date||2018-05-29|
|52wk Low||54.68||52wk Low Date||2018-10-10|