Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
FIRST TRUST NORTH AMERICAN ENERGY INFRAS (PACF:EMLP.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 EMLP.IV
The long term trend has been DOWN since Jun 20th, 2017 at 24.5187
The intermediate term trend has been UP since Apr 16th, 2018 at 22.1540
The short term trend has been UP since May 22nd, 2018 at 22.7950
Smart Scan Analysis for EMLP.IV
Based on a pre-defined weighted trend formula for chart analysis, EMLP.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.4883||52wk High Date||2017-08-01|
|52wk Low||21.4299||52wk Low Date||2018-03-26|