Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
DIREXION DAILY S&P BIOTECH BEAR IOPV (PACF:LABD.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 LABD.IV
The long term trend has been UP since Oct 4th, 2018 at 27.7316
The intermediate term trend has been UP since Sep 17th, 2018 at 25.2015
The short term trend has been DOWN since Nov 16th, 2018 at 36.7528
Smart Scan Analysis for LABD.IV
Based on a pre-defined weighted trend formula for chart analysis, LABD.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.066||52wk High Date||2017-12-06|
|52wk Low||21.3061||52wk Low Date||2018-08-30|