Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
PRINCIPAL SUSTAINABLE MOMENTUM INDEX ETF (NASDAQ:PMOM.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 PMOM.IV
The long term trend has been UP since Oct 20th, 2017 at 25.03
The intermediate term trend has been UP since Apr 17th, 2018 at 27.66
The short term trend has been DOWN since Apr 20th, 2018 at 27.52
Smart Scan Analysis for PMOM.IV
Based on a pre-defined weighted trend formula for chart analysis, PMOM.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.47||52wk High Date||2018-03-12|
|52wk Low||24.79||52wk Low Date||2017-10-19|