Stock Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
FIRST TRUST NYSE ARCA BIOTECH (PACF:FBT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 FBT
The long term trend has been UP since Feb 16th, 2017 at 102.3899
The intermediate term trend has been UP since Nov 24th, 2017 at 124.2200
The short term trend has been UP since Jan 9th, 2018 at 129.6600
Smart Scan Analysis for FBT
Based on a pre-defined weighted trend formula for chart analysis, FBT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||133.79||Year High Date||2018-01-16|
|Year Low||124.46||Year Low Date||2018-01-02|
|52wk High||133.79||52wk High Date||2018-01-16|
|52wk Low||91.0515||52wk Low Date||2017-01-24|
|Year End Close||45.95||Average Volume||72,727|