Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
PROSHARES ULTRAPRO SHORT FINANCIALS (PACF:FINZ.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 FINZ.IV
The long term trend has been DOWN since Jun 29th, 2017 at 12.4030
The intermediate term trend has been UP since Feb 5th, 2018 at 7.3501
The short term trend has been DOWN since Feb 14th, 2018 at 7.5961
Smart Scan Analysis for FINZ.IV
Based on a pre-defined weighted trend formula for chart analysis, FINZ.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.3618||52wk High Date||2017-04-17|
|52wk Low||6.427||52wk Low Date||2018-01-29|