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Stock Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

VELOCITYSHARES 3X LONG GOLD ET (NASDAQ:UGLD)

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.

NASDAQ_UGLD
Open High Low UGLD Price Change
8.03 8.08 7.95 8.00 +0.01
Entry Signal

MarketClub’s Trade Triangles for UGLD

long term down The long term trend has been DOWN since Apr 30th, 2018 at 10.9100

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 11.2900

short term down The short term trend has been DOWN since Aug 13th, 2018 at 8.3068

Smart Scan Analysis for UGLD

Based on a pre-defined weighted trend formula for chart analysis, UGLD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for UGLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.03 8.08 7.95 8.00 +0.01
Prev. Close Volume Bid Ask Time
8 590697 2018-08-14 15:59:59
Year High12.69Year High Date2018-01-25
Year Low7.9499Year Low Date2018-08-13
52wk High12.7252wk High Date2017-09-07
52wk Low7.949952wk Low Date2018-08-13
Average Volume796,136Volatility28.02
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