Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
POWERSHARES NSDQ INTER PORTF IND VALUE (NASDAQ:PNQI.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PNQI.IV
The long term trend has been UP since Apr 18th, 2016 at 78.04
The intermediate term trend has been UP since May 9th, 2018 at 132.51
The short term trend has been DOWN since Jun 19th, 2018 at 143.98
Smart Scan Analysis for PNQI.IV
Based on a pre-defined weighted trend formula for chart analysis, PNQI.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||146.5||52wk High Date||2018-06-18|
|52wk Low||101.7||52wk Low Date||2017-07-03|