Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NYSE ARCA DEFENSE INDEX (PACF:DFI)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 2946.652
The intermediate term trend has been UP since Jul 10th, 2018 at 5548.095
The short term trend has been UP since Jun 29th, 2018 at 5441.854
Smart Scan Analysis for DFI
Based on a pre-defined weighted trend formula for chart analysis, DFI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5660.844||52wk High Date||2018-06-11|
|52wk Low||4186.637||52wk Low Date||2017-07-18|