Mutual Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
PROFUNDS ULTRA SHORT DOW 30 PROFUND INVESTOR CL (NASDAQ:UWPIX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 UWPIX
The long term trend has been DOWN since May 24th, 2017 at 28.46
The intermediate term trend has been DOWN since Apr 24th, 2017 at 29.56
The short term trend has been UP since Aug 9th, 2017 at 25.55
Smart Scan Analysis for UWPIX
Based on a pre-defined weighted trend formula for chart analysis, UWPIX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||34.86||52wk High Date||2016-12-05|
|52wk Low||4.37||52wk Low Date||2016-12-01|
|Year End Close||32.86||Payment Date||2009-10-02|