Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
GRANITE SHARES SP GSCI CMDTY BROAD STGY (PACF:COMG.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 COMG.IV
The long term trend has been UP since Sep 6th, 2017 at 24.875
The intermediate term trend has been DOWN since Jul 12th, 2018 at 28.555
The short term trend has been DOWN since Jul 11th, 2018 at 29.775
Smart Scan Analysis for COMG.IV
Based on a pre-defined weighted trend formula for chart analysis, COMG.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.16||52wk High Date||2018-07-03|
|52wk Low||23.589||52wk Low Date||2017-07-21|