Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
iShares IBONDS MAR 2020 TERM CORP IOPV (PACF:IBDC.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 IBDC.IV
The long term trend has been UP since Mar 29th, 2017 at 26.2374
The intermediate term trend has been DOWN since Sep 14th, 2017 at 26.2288
The short term trend has been DOWN since Oct 13th, 2017 at 26.2051
Smart Scan Analysis for IBDC.IV
Based on a pre-defined weighted trend formula for chart analysis, IBDC.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.4004||52wk High Date||2016-10-20|
|52wk Low||25.164||52wk Low Date||2016-12-07|