Stock Trend Analysis Report
Prepared for you on Wednesday, January 16, 2019.
Powershares DWA Momentum Portfolio (NASDAQ:PDP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 PDP
The long term trend has been DOWN since Oct 10th, 2018 at 54.9600
The intermediate term trend has been UP since Jan 9th, 2019 at 49.7388
The short term trend has been UP since Jan 7th, 2019 at 48.4900
Smart Scan Analysis for PDP
Based on a pre-defined weighted trend formula for chart analysis, PDP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||60.23||Year High Date||2018-09-14|
|Year Low||49.4401||Year Low Date||2018-02-09|
|52wk High||60.23||52wk High Date||2018-09-14|
|52wk Low||49.4401||52wk Low Date||2018-02-09|