Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
iShares LEHMAN BROS 1-3-YEAR TREASURY BOND IND VALUE (NASDAQ:SHY.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 negative trend to resume. Downtrend 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 SHY.IV
The long term trend has been DOWN since Sep 20th, 2017 at 84.46
The intermediate term trend has been DOWN since Sep 4th, 2018 at 83.19
The short term trend has been UP since Oct 9th, 2018 at 82.87
Smart Scan Analysis for SHY.IV
Based on a pre-defined weighted trend formula for chart analysis, SHY.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||84.32||52wk High Date||2017-10-19|
|52wk Low||82.82||52wk Low Date||2018-10-05|