Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
iShares LEHMAN BROS GOVT/CREDIT BOND IND VALUE (PACF:GBF.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 GBF.IV
The long term trend has been DOWN since Dec 20th, 2017 at 113.5679
The intermediate term trend has been DOWN since Dec 1st, 2017 at 113.6456
The short term trend has been UP since Jan 16th, 2018 at 113.2932
Smart Scan Analysis for GBF.IV
Based on a pre-defined weighted trend formula for chart analysis, GBF.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.5698||52wk High Date||2017-09-07|
|52wk Low||111.3572||52wk Low Date||2017-03-13|