Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
JOHN HANCOCK MULTIFACTOR MATERIALS ETF (PACF:JHMA.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 JHMA.IV
The long term trend has been DOWN since Apr 4th, 2018 at 33.0101
The intermediate term trend has been DOWN since Nov 27th, 2018 at 30.6713
The short term trend has been UP since Nov 29th, 2018 at 31.2600
Smart Scan Analysis for JHMA.IV
Based on a pre-defined weighted trend formula for chart analysis, JHMA.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||37.9256||52wk High Date||2018-01-26|
|52wk Low||29.4881||52wk Low Date||2018-10-24|