Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
GLOBAL X MILLENNIALS THEMATIC ETF (PACF:MILN.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 MILN.IV
The long term trend has been UP since Dec 8th, 2016 at 16.0912
The intermediate term trend has been UP since Feb 26th, 2018 at 20.5353
The short term trend has been DOWN since Mar 19th, 2018 at 20.7334
Smart Scan Analysis for MILN.IV
Based on a pre-defined weighted trend formula for chart analysis, MILN.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21.0659||52wk High Date||2018-03-13|
|52wk Low||16.2481||52wk Low Date||2017-03-27|