Index Trend Analysis Report
Prepared for you on Tuesday, May 23, 2017.
iShares S&P 500/BARRA VALUE INDEX (PACF:IVE.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 IVE.IV
The long term trend has been UP since Nov 10th, 2016 at 96.8210
The intermediate term trend has been DOWN since May 17th, 2017 at 102.7942
The short term trend has been DOWN since May 17th, 2017 at 103.4073
Smart Scan Analysis for IVE.IV
Based on a pre-defined weighted trend formula for chart analysis, IVE.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||107.7346||52wk High Date||2017-03-01|
|52wk Low||87.9019||52wk Low Date||2016-06-27|