Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
VELOCITY SHARES INVERSE VIX MEDIUM IOPV (NASDAQ:ZIV.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 ZIV.IV
The long term trend has been DOWN since Feb 5th, 2018 at 74.10
The intermediate term trend has been DOWN since Jan 29th, 2018 at 88.97
The short term trend has been UP since Feb 15th, 2018 at 69.22
Smart Scan Analysis for ZIV.IV
Based on a pre-defined weighted trend formula for chart analysis, ZIV.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||94.49||52wk High Date||2018-01-12|
|52wk Low||53.1||52wk Low Date||2017-02-24|