Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
VANECK VECTORS MTG REIT INC ETF IV (PACF:MORT.IV)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 MORT.IV
The long term trend has been UP since May 4th, 2018 at 23.0824
The intermediate term trend has been UP since Jul 6th, 2018 at 24.0138
The short term trend has been DOWN since Jul 11th, 2018 at 23.9032
Smart Scan Analysis for MORT.IV
Based on a pre-defined weighted trend formula for chart analysis, MORT.IV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.3528||52wk High Date||2017-10-02|
|52wk Low||21.255||52wk Low Date||2018-02-06|