Index Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
BARCLAYS NAT GAS SEASONAL TRUST RTS (PACF:BCNYNGST)
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 BCNYNGST
The long term trend has been DOWN since Oct 6th, 2017 at 62.0862
The intermediate term trend has been DOWN since Oct 2nd, 2017 at 63.7636
The short term trend has been UP since Nov 17th, 2017 at 63.3500
Smart Scan Analysis for BCNYNGST
Based on a pre-defined weighted trend formula for chart analysis, BCNYNGST scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.915||52wk High Date||2016-12-29|
|52wk Low||61.3765||52wk Low Date||2017-11-01|