Index Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
POWERSHARES P&C INSURANCE IV (PACF:KBWP.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 KBWP.IV
The long term trend has been DOWN since Sep 5th, 2017 at 56.9653
The intermediate term trend has been DOWN since Nov 17th, 2017 at 59.1262
The short term trend has been DOWN since Nov 14th, 2017 at 59.5109
Smart Scan Analysis for KBWP.IV
Based on a pre-defined weighted trend formula for chart analysis, KBWP.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||60.8747||52wk High Date||2017-08-03|
|52wk Low||52.8033||52wk Low Date||2016-11-21|