Stock Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
FIRST TRUST NYSE ARCA BIOTECH (PACF:FBT)
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 FBT
The long term trend has been UP since Feb 16th, 2017 at 102.3899
The intermediate term trend has been DOWN since Oct 23rd, 2017 at 123.9700
The short term trend has been UP since Nov 16th, 2017 at 121.5400
Smart Scan Analysis for FBT
Based on a pre-defined weighted trend formula for chart analysis, FBT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||127.62||Year High Date||2017-10-18|
|Year Low||90.97||Year Low Date||2017-01-03|
|52wk High||127.62||52wk High Date||2017-10-18|
|52wk Low||90.53||52wk Low Date||2016-12-07|
|Year End Close||45.95||Average Volume||57,424|