Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2017.
FIRST TRUST HORIZON MANAGED VTY DIVIDEND INTL IOPV (PACF:HDMV.IV)
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 HDMV.IV
The long term trend has been UP since Feb 1st, 2017 at 28.8364
The intermediate term trend has been DOWN since Sep 21st, 2017 at 32.8274
The short term trend has been DOWN since Sep 20th, 2017 at 33.3397
Smart Scan Analysis for HDMV.IV
Based on a pre-defined weighted trend formula for chart analysis, HDMV.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||33.5574||52wk High Date||2017-09-20|
|52wk Low||27.3038||52wk Low Date||2016-11-14|