Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
CLAYMORE POWERSHARES BULLETSHARES 2023 I (PACF:BSCN.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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 UP since May 24th, 2018 at 20.1670
The short term trend has been UP since May 18th, 2018 at 20.0623
Smart Scan Analysis for BSCN.IV
Based on a pre-defined weighted trend formula for chart analysis, BSCN.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.1672||52wk High Date||2017-09-07|
|52wk Low||20.021||52wk Low Date||2018-05-15|