Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
NYSE ARCA DEFENSE INDEX (PACF:DFI)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DFI
The long term trend has been UP since Apr 22nd, 2016 at 2946.6520
The intermediate term trend has been UP since Nov 28th, 2017 at 4885.5742
The short term trend has been UP since Dec 7th, 2017 at 4939.5308
Smart Scan Analysis for DFI
Based on a pre-defined weighted trend formula for chart analysis, DFI scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4948.769||52wk High Date||2017-11-30|
|52wk Low||3641.164||52wk Low Date||2017-01-31|