Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
POWERSHARES GLOBAL AG PORTFOLIO IND VALUE (NASDAQ:PAGG.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 PAGG.IV
The long term trend has been DOWN since Oct 23rd, 2018 at 26.36
The intermediate term trend has been UP since Nov 7th, 2018 at 27.11
The short term trend has been UP since Nov 28th, 2018 at 25.84
Smart Scan Analysis for PAGG.IV
Based on a pre-defined weighted trend formula for chart analysis, PAGG.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.98||52wk High Date||2018-01-26|
|52wk Low||25.01||52wk Low Date||2018-10-26|