Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
POWERSHARES P&C INSURANCE IV (PACF:KBWP.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 KBWP.IV
The long term trend has been DOWN since Sep 5th, 2017 at 56.9653
The intermediate term trend has been DOWN since Aug 21st, 2017 at 59.1595
The short term trend has been UP since Sep 21st, 2017 at 57.1620
Smart Scan Analysis for KBWP.IV
Based on a pre-defined weighted trend formula for chart analysis, KBWP.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||60.8747||52wk High Date||2017-08-03|
|52wk Low||49.2812||52wk Low Date||2016-10-04|