Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
DB AGRICULTURE DOUBLE LONG ETN (PACF:DAG.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 DAG.IV
The long term trend has been DOWN since Aug 14th, 2017 at 2.98
The intermediate term trend has been UP since Nov 9th, 2017 at 2.99
The short term trend has been UP since Nov 17th, 2017 at 2.93
Smart Scan Analysis for DAG.IV
Based on a pre-defined weighted trend formula for chart analysis, DAG.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4.05||52wk High Date||2017-02-15|
|52wk Low||2.86||52wk Low Date||2017-08-30|