Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
POWERSHARES GLOBAL BUYBACK ACHIEVERS UCI (PACF:BUYBEU.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 BUYBEU.IV
The long term trend has been UP since Oct 2nd, 2017 at 281891
The intermediate term trend has been UP since Dec 4th, 2017 at 289629
The short term trend has been DOWN since Dec 14th, 2017 at 291662
Smart Scan Analysis for BUYBEU.IV
Based on a pre-defined weighted trend formula for chart analysis, BUYBEU.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||294718||52wk High Date||2017-12-12|
|52wk Low||264028||52wk Low Date||2017-08-29|