Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
BARCLAYS NAT GAS SEASONAL TRUST RTS (PACF:BCNYNGST)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 BCNYNGST
The long term trend has been DOWN since Oct 6th, 2017 at 62.0862
The intermediate term trend has been DOWN since Feb 7th, 2018 at 59.1340
The short term trend has been DOWN since Jan 31st, 2018 at 61.3744
Smart Scan Analysis for BCNYNGST
Based on a pre-defined weighted trend formula for chart analysis, BCNYNGST scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||74.6197||52wk High Date||2017-05-12|
|52wk Low||55.9627||52wk Low Date||2017-12-21|