Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
JP MORGAN DIVERSIFIED RETURN US MID-CAP EQUITY IOPV (PACF:JPME.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 JPME.IV
The long term trend has been DOWN since Oct 10th, 2018 at 64.1817
The intermediate term trend has been UP since Nov 7th, 2018 at 64.4749
The short term trend has been DOWN since Nov 12th, 2018 at 63.6462
Smart Scan Analysis for JPME.IV
Based on a pre-defined weighted trend formula for chart analysis, JPME.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||68.3769||52wk High Date||2018-09-21|
|52wk Low||59.9762||52wk Low Date||2018-02-09|