Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
GLOBAL X MILLENNIALS THEMATIC ETF (PACF:MILN.IV)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 MILN.IV
The long term trend has been UP since Dec 8th, 2016 at 16.0912
The intermediate term trend has been UP since Apr 17th, 2018 at 20.2922
The short term trend has been UP since May 24th, 2018 at 21.0223
Smart Scan Analysis for MILN.IV
Based on a pre-defined weighted trend formula for chart analysis, MILN.IV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.8139||52wk High Date||2018-06-15|
|52wk Low||17.2882||52wk Low Date||2017-08-21|