Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
FIRST TRUST HORIZON MANAGED VTY DIVIDEND INTL IOPV (PACF:HDMV.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 HDMV.IV
The long term trend has been DOWN since Jun 19th, 2018 at 33.6002
The intermediate term trend has been DOWN since May 23rd, 2018 at 34.3153
The short term trend has been UP since Jul 16th, 2018 at 33.2020
Smart Scan Analysis for HDMV.IV
Based on a pre-defined weighted trend formula for chart analysis, HDMV.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||36.2004||52wk High Date||2018-01-25|
|52wk Low||32.4992||52wk Low Date||2017-09-27|