Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
iShares S&P CALIFORNIA MUNI-BOND ETF IOPV (PACF:CMF.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 CMF.IV
The long term trend has been UP since May 29th, 2018 at 58.5540
The intermediate term trend has been UP since May 8th, 2018 at 58.1535
The short term trend has been DOWN since Jun 20th, 2018 at 58.3083
Smart Scan Analysis for CMF.IV
Based on a pre-defined weighted trend formula for chart analysis, CMF.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||119.0483||52wk High Date||2017-09-07|
|52wk Low||57.5505||52wk Low Date||2018-02-23|