Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
ALERIAN MLP EFT [NAV] (PACF:AMLP.NV)
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 AMLP.NV
The long term trend has been UP since Jun 5th, 2018 at 10.4644
The intermediate term trend has been DOWN since Oct 16th, 2018 at 10.5368
The short term trend has been UP since Oct 17th, 2018 at 10.5720
Smart Scan Analysis for AMLP.NV
Based on a pre-defined weighted trend formula for chart analysis, AMLP.NV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.8443||52wk High Date||2018-01-24|
|52wk Low||9.2322||52wk Low Date||2018-03-28|