Stock Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
POWERSHARES GOLDEN DRAGON CHINA PORTFOLIO (NASDAQ:PGJ)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 PGJ
The long term trend has been DOWN since Jul 30th, 2018 at 43.74
The intermediate term trend has been UP since Nov 1st, 2018 at 35.61
The short term trend has been DOWN since Nov 8th, 2018 at 34.85
Smart Scan Analysis for PGJ
Based on a pre-defined weighted trend formula for chart analysis, PGJ scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51.0482||Year High Date||2018-06-12|
|Year Low||31.58||Year Low Date||2018-10-24|
|52wk High||51.0482||52wk High Date||2018-06-12|
|52wk Low||31.58||52wk Low Date||2018-10-24|