Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
OPPENHEIMER REVENUE WEIGHTED ETF TRUST (PACF:ESGF.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 ESGF.IV
The long term trend has been UP since Dec 8th, 2016 at 25.1216
The intermediate term trend has been UP since Nov 22nd, 2017 at 30.4507
The short term trend has been UP since Jan 2nd, 2018 at 31.2105
Smart Scan Analysis for ESGF.IV
Based on a pre-defined weighted trend formula for chart analysis, ESGF.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||32.6833||52wk High Date||2018-01-16|
|52wk Low||25.3993||52wk Low Date||2017-01-19|