Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
VANECK VECTORS MTG REIT INC ETF IV (PACF:MORT.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Oct 27th, 2017 at 23.9800
The intermediate term trend has been DOWN since Oct 25th, 2017 at 24.6594
The short term trend has been UP since Nov 14th, 2017 at 23.7185
Smart Scan Analysis for MORT.IV
Based on a pre-defined weighted trend formula for chart analysis, MORT.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.4216||52wk High Date||2017-06-26|
|52wk Low||21.5499||52wk Low Date||2016-12-15|