Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
POWERSHARES BULLETSHARES 2019 CORP BOND (PACF:BSCJ.IV)
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 BSCJ.IV
The long term trend has been DOWN since Nov 2nd, 2017 at 21.1624
The intermediate term trend has been DOWN since May 3rd, 2018 at 20.9546
The short term trend has been UP since May 16th, 2018 at 20.9650
Smart Scan Analysis for BSCJ.IV
Based on a pre-defined weighted trend formula for chart analysis, BSCJ.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.2432||52wk High Date||2017-08-29|
|52wk Low||20.9311||52wk Low Date||2018-03-14|