Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
NYSE ARCA DEFENSE INDEX (PACF:DFI)
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 DFI
The long term trend has been UP since Apr 22nd, 2016 at 2946.6520
The intermediate term trend has been DOWN since Feb 5th, 2018 at 5074.5225
The short term trend has been DOWN since Feb 23rd, 2018 at 5139.2334
Smart Scan Analysis for DFI
Based on a pre-defined weighted trend formula for chart analysis, DFI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5253.239||52wk High Date||2018-01-29|
|52wk Low||3786.35||52wk Low Date||2017-03-27|