Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
iShares DJ US REG BANKS IOPV (PACF:IAT.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 IAT.IV
The long term trend has been DOWN since Apr 2nd, 2018 at 48.9476
The intermediate term trend has been UP since Nov 8th, 2018 at 47.4783
The short term trend has been UP since Nov 26th, 2018 at 47.2394
Smart Scan Analysis for IAT.IV
Based on a pre-defined weighted trend formula for chart analysis, IAT.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.7178||52wk High Date||2018-03-12|
|52wk Low||43.3011||52wk Low Date||2018-10-24|