Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
iShares EVOLVED US DISCRETIONALY SPENDIN [EST CASH/UNIT] (PACF:IEDI.EU)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 IEDI.EU
The long term trend has been DOWN since Jun 28th, 2018 at 7358.793
The intermediate term trend has been UP since Oct 22nd, 2018 at 5703.935
The short term trend has been UP since Nov 8th, 2018 at 6565.268
Smart Scan Analysis for IEDI.EU
Based on a pre-defined weighted trend formula for chart analysis, IEDI.EU scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13850.29||52wk High Date||2018-07-02|
|52wk Low||4745.783||52wk Low Date||2018-09-26|