Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
POWERSHARES DWA SM-CAP TECHNICAL LEADE (PACF:DWAS.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 DWAS.IV
The long term trend has been DOWN since Oct 5th, 2018 at 53.4679
The intermediate term trend has been DOWN since Sep 17th, 2018 at 57.7580
The short term trend has been UP since Oct 16th, 2018 at 51.0897
Smart Scan Analysis for DWAS.IV
Based on a pre-defined weighted trend formula for chart analysis, DWAS.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.4375||52wk High Date||2018-09-11|
|52wk Low||45.8166||52wk Low Date||2017-11-15|