Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
iShares IBONDS MAR 2020 TERM CORP IOPV (PACF:IBDC.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Nov 1st, 2017 at 26.1851
The intermediate term trend has been DOWN since May 1st, 2018 at 25.8534
The short term trend has been UP since May 7th, 2018 at 25.8474
Smart Scan Analysis for IBDC.IV
Based on a pre-defined weighted trend formula for chart analysis, IBDC.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.3||52wk High Date||2017-08-29|
|52wk Low||25.8248||52wk Low Date||2018-05-01|