Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
QUANTSHARES US MARKET NEUT VALUE FF IV (PACF:CHEP.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 CHEP.IV
The long term trend has been DOWN since Mar 14th, 2018 at 24.9677
The intermediate term trend has been DOWN since Aug 24th, 2018 at 23.4504
The short term trend has been UP since Sep 17th, 2018 at 22.8164
Smart Scan Analysis for CHEP.IV
Based on a pre-defined weighted trend formula for chart analysis, CHEP.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.6641||52wk High Date||2017-12-06|
|52wk Low||22.641||52wk Low Date||2018-09-13|