Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
INVESCO RUSSELL 2000 EQUITY WTS PORTF IOP (PACF:EQWS.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 EQWS.IV
The long term trend has been DOWN since Oct 5th, 2018 at 45.8557
The intermediate term trend has been DOWN since Sep 26th, 2018 at 47.1081
The short term trend has been DOWN since Nov 9th, 2018 at 43.1910
Smart Scan Analysis for EQWS.IV
Based on a pre-defined weighted trend formula for chart analysis, EQWS.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||48.2055||52wk High Date||2018-08-31|
|52wk Low||39.7186||52wk Low Date||2018-02-09|