Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
DELTASHARES S&P 500 MANAGED RISK IOPV (PACF:DMRL.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 DMRL.IV
The long term trend has been DOWN since Feb 8th, 2018 at 51.8787
The intermediate term trend has been UP since May 10th, 2018 at 53.7945
The short term trend has been UP since May 4th, 2018 at 52.9754
Smart Scan Analysis for DMRL.IV
Based on a pre-defined weighted trend formula for chart analysis, DMRL.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||71786.2704||52wk High Date||2017-08-10|
|52wk Low||48.8869||52wk Low Date||2018-02-08|