Stock Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
FIRST TRUST NYSE ARCA BIOTECH (PACF:FBT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Apr 6th, 2018 at 124.4600
The intermediate term trend has been UP since Apr 16th, 2018 at 137.8126
The short term trend has been UP since Apr 9th, 2018 at 132.0706
Smart Scan Analysis for FBT
Based on a pre-defined weighted trend formula for chart analysis, FBT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||147.1||Year High Date||2018-01-29|
|Year Low||124.451||Year Low Date||2018-04-06|
|52wk High||147.1||52wk High Date||2018-01-29|
|52wk Low||102.58||52wk Low Date||2017-04-21|
|Year End Close||45.95||Average Volume||75,122|