Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
iShares DJ US REG BANKS IOPV (PACF:IAT.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 negative trend to resume. Downtrend 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 IAT.IV
The long term trend has been DOWN since Apr 2nd, 2018 at 48.9476
The intermediate term trend has been DOWN since Sep 12th, 2018 at 51.5043
The short term trend has been UP since Sep 19th, 2018 at 51.0802
Smart Scan Analysis for IAT.IV
Based on a pre-defined weighted trend formula for chart analysis, IAT.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.7178||52wk High Date||2018-03-12|
|52wk Low||45.181||52wk Low Date||2017-11-13|