Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
iShares BSE SENSEX INDIA TRACKER IOPV (PACF:2836.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 2836.IV
The long term trend has been UP since Jul 12th, 2018 at 244394
The intermediate term trend has been UP since Jul 10th, 2018 at 243051
The short term trend has been UP since Aug 17th, 2018 at 250225
Smart Scan Analysis for 2836.IV
Based on a pre-defined weighted trend formula for chart analysis, 2836.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||263663||52wk High Date||2018-01-29|
|52wk Low||217462||52wk Low Date||2017-11-07|