Index Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
IPATH SEASONAL NATURAL GAS ETN (PACF:DCNG.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 DCNG.IV
The long term trend has been DOWN since Oct 6th, 2017 at 17.5099
The intermediate term trend has been DOWN since Oct 2nd, 2017 at 17.9661
The short term trend has been UP since Oct 11th, 2017 at 17.7633
Smart Scan Analysis for DCNG.IV
Based on a pre-defined weighted trend formula for chart analysis, DCNG.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.5175||52wk High Date||2016-12-29|
|52wk Low||17.3035||52wk Low Date||2017-10-09|