Index Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
OPPENHEIMER REVENUE WEIGHTED ETF TRUST (PACF:ESGF.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 ESGF.IV
The long term trend has been UP since Dec 8th, 2016 at 25.1216
The intermediate term trend has been DOWN since Nov 14th, 2017 at 30.0219
The short term trend has been UP since Nov 16th, 2017 at 30.1184
Smart Scan Analysis for ESGF.IV
Based on a pre-defined weighted trend formula for chart analysis, ESGF.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30.4507||52wk High Date||2017-11-08|
|52wk Low||24.3773||52wk Low Date||2016-11-18|