Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
iShares IBONDS 2018 MUNI-BOND ETF IOPV (PACF:IBMG.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 IBMG.IV
The long term trend has been DOWN since Jul 17th, 2017 at 25.3863
The intermediate term trend has been UP since Jan 17th, 2018 at 25.3848
The short term trend has been DOWN since Feb 16th, 2018 at 25.4028
Smart Scan Analysis for IBMG.IV
Based on a pre-defined weighted trend formula for chart analysis, IBMG.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.5166||52wk High Date||2017-05-31|
|52wk Low||25.3131||52wk Low Date||2017-07-31|