Index Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
FIRST TRUST HORIZON MANAGED VTY DIVIDEND INTL IOPV (PACF:HDMV.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Feb 1st, 2017 at 28.8364
The intermediate term trend has been UP since Jul 17th, 2017 at 32.6074
The short term trend has been DOWN since Jul 24th, 2017 at 32.7478
Smart Scan Analysis for HDMV.IV
Based on a pre-defined weighted trend formula for chart analysis, HDMV.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-130054.7296||52wk High Date||2016-09-02|
|52wk Low||27.3038||52wk Low Date||2016-11-14|