Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
VAN ECK VECTORS BIOTECH ETF (PACF:BBH.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 BBH.IV
The long term trend has been DOWN since Nov 9th, 2017 at 124.2664
The intermediate term trend has been UP since May 14th, 2018 at 118.0734
The short term trend has been DOWN since Jun 18th, 2018 at 120.3357
Smart Scan Analysis for BBH.IV
Based on a pre-defined weighted trend formula for chart analysis, BBH.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.7513||52wk High Date||2017-10-16|
|52wk Low||111.4142||52wk Low Date||2018-05-03|