Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
POWERSHARES BULLETSHARES 2019 HIGH (PACF:BSJJ.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 BSJJ.IV
The long term trend has been DOWN since Nov 8th, 2017 at 24.4540
The intermediate term trend has been UP since Apr 10th, 2018 at 24.2646
The short term trend has been DOWN since Apr 19th, 2018 at 24.3040
Smart Scan Analysis for BSJJ.IV
Based on a pre-defined weighted trend formula for chart analysis, BSJJ.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.6991||52wk High Date||2017-07-28|
|52wk Low||24.0979||52wk Low Date||2018-02-14|