Stock Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
iShares BARCLAYS MBS BOND (NASDAQ:MBB)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 MBB
The long term trend has been DOWN since Oct 2nd, 2017 at 106.94
The intermediate term trend has been UP since May 25th, 2018 at 103.85
The short term trend has been UP since Jul 13th, 2018 at 104.04
Smart Scan Analysis for MBB
Based on a pre-defined weighted trend formula for chart analysis, MBB scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||106.61||Year High Date||2018-01-03|
|Year Low||102.93||Year Low Date||2018-05-17|
|52wk High||107.76||52wk High Date||2017-09-07|
|52wk Low||102.93||52wk Low Date||2018-05-17|