Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
iShares LEHMAN BROS GOVT/CREDIT BOND IND VALUE (PACF:GBF.IV)
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 GBF.IV
The long term trend has been DOWN since Dec 20th, 2017 at 113.5679
The intermediate term trend has been UP since May 25th, 2018 at 110.3954
The short term trend has been UP since Jun 14th, 2018 at 109.9667
Smart Scan Analysis for GBF.IV
Based on a pre-defined weighted trend formula for chart analysis, GBF.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.5698||52wk High Date||2017-09-07|
|52wk Low||109.188||52wk Low Date||2018-05-17|