Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
SMAM NIK 225 ETF IOPV (PACF:C397.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 C397.IV
The long term trend has been DOWN since Oct 24th, 2018 at 21693.8945
The intermediate term trend has been DOWN since Oct 10th, 2018 at 23206.2402
The short term trend has been DOWN since Nov 11th, 2018 at 22223.3088
Smart Scan Analysis for C397.IV
Based on a pre-defined weighted trend formula for chart analysis, C397.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24782.22||52wk High Date||2018-10-02|
|52wk Low||20501.94||52wk Low Date||2018-03-26|