Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
PROSHARES ULTRA BLOOMBERG NATURAL GAS NA [NAV] (PACF:BOIL.NV)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 BOIL.NV
The long term trend has been UP since Sep 26th, 2018 at 31.1496
The intermediate term trend has been UP since Sep 24th, 2018 at 29.5176
The short term trend has been UP since Oct 18th, 2018 at 35.9783
Smart Scan Analysis for BOIL.NV
Based on a pre-defined weighted trend formula for chart analysis, BOIL.NV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.1605||52wk High Date||2017-11-13|
|52wk Low||25.126||52wk Low Date||2018-07-19|