Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
POWER SHARES S&P SM CAP UTIL [EST CASH/UNIT] (NASDAQ:PSCU.EU)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 PSCU.EU
The long term trend has been DOWN since Jun 5th, 2018 at -749.94
The intermediate term trend has been DOWN since Jun 4th, 2018 at -71.62
The short term trend has been DOWN since Jul 2nd, 2018 at 2056.28
Smart Scan Analysis for PSCU.EU
Based on a pre-defined weighted trend formula for chart analysis, PSCU.EU scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||126401.2||52wk High Date||2017-11-20|
|52wk Low||-5218.79||52wk Low Date||2017-12-07|