Stock Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
MicroSectors FANG Index -3X Inverse Leveraged ETNs (PACF:FNGD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 FNGD
The long term trend has been UP since Oct 5th, 2018 at 29.530
The intermediate term trend has been DOWN since Dec 3rd, 2018 at 30.392
The short term trend has been DOWN since Dec 12th, 2018 at 31.390
Smart Scan Analysis for FNGD
Based on a pre-defined weighted trend formula for chart analysis, FNGD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||57.77||Year High Date||2018-02-06|
|Year Low||21.35||Year Low Date||2018-06-21|
|52wk High||57.77||52wk High Date||2018-02-06|
|52wk Low||21.35||52wk Low Date||2018-06-21|