Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
VANECK VECTORS MTG REIT INC ETF IV (PACF:MORT.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 MORT.IV
The long term trend has been DOWN since Oct 27th, 2017 at 23.9800
The intermediate term trend has been DOWN since Apr 13th, 2018 at 22.3667
The short term trend has been DOWN since Apr 20th, 2018 at 22.4072
Smart Scan Analysis for MORT.IV
Based on a pre-defined weighted trend formula for chart analysis, MORT.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.4216||52wk High Date||2017-06-26|
|52wk Low||21.255||52wk Low Date||2018-02-06|