Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
POWERSHARES P&C INSURANCE IV (PACF:KBWP.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 KBWP.IV
The long term trend has been UP since Mar 9th, 2018 at 62.0941
The intermediate term trend has been DOWN since Jun 19th, 2018 at 60.4172
The short term trend has been DOWN since Jun 12th, 2018 at 61.7190
Smart Scan Analysis for KBWP.IV
Based on a pre-defined weighted trend formula for chart analysis, KBWP.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||63.1096||52wk High Date||2018-03-21|
|52wk Low||53.0091||52wk Low Date||2017-09-07|