Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
CLAYMORE GUGGENHEIM BULLETSHARES 2023 IO (PACF:BSCN.IV)
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 BSCN.IV
The long term trend has been DOWN since Nov 8th, 2017 at 20.9423
The intermediate term trend has been DOWN since Sep 14th, 2017 at 21.0193
The short term trend has been DOWN since Dec 29th, 2017 at 20.8051
Smart Scan Analysis for BSCN.IV
Based on a pre-defined weighted trend formula for chart analysis, BSCN.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.1672||52wk High Date||2017-09-07|
|52wk Low||20.2687||52wk Low Date||2017-03-14|