Index Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
IPATH BLOOMBERG LIVSTK ETN TOTAL RETURN IOVP (PACF:COW.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 COW.IV
The long term trend has been UP since Oct 31st, 2017 at 25.2639
The intermediate term trend has been DOWN since Nov 14th, 2017 at 23.5866
The short term trend has been DOWN since Nov 6th, 2017 at 24.9785
Smart Scan Analysis for COW.IV
Based on a pre-defined weighted trend formula for chart analysis, COW.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.2309||52wk High Date||2017-06-06|
|52wk Low||19.4943||52wk Low Date||2016-12-02|