Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
POWERSHARES GLOBAL BUYBACK ACHIEVERS UCI (PACF:BUYBEU.IV)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 BUYBEU.IV
The long term trend has been UP since Oct 2nd, 2017 at 281891
The intermediate term trend has been UP since Feb 26th, 2018 at 290794
The short term trend has been DOWN since Mar 15th, 2018 at 284654
Smart Scan Analysis for BUYBEU.IV
Based on a pre-defined weighted trend formula for chart analysis, BUYBEU.IV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||303000||52wk High Date||2018-01-29|
|52wk Low||264028||52wk Low Date||2017-08-29|