Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
iShares CORE S&P 500 ETF (PACF:IVV.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 IVV.IV
The long term trend has been DOWN since Oct 23rd, 2018 at 271.0738
The intermediate term trend has been UP since Nov 8th, 2018 at 283.2221
The short term trend has been DOWN since Nov 12th, 2018 at 277.1926
Smart Scan Analysis for IVV.IV
Based on a pre-defined weighted trend formula for chart analysis, IVV.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||296.6614||52wk High Date||2018-09-21|
|52wk Low||254.8602||52wk Low Date||2018-02-09|