Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
VANECK VECTORS URANIUM + NUCLEAR IOPV (PACF:NLR.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NLR.IV
The long term trend has been UP since Apr 16th, 2018 at 49.5367
The intermediate term trend has been DOWN since Oct 12th, 2018 at 51.7184
The short term trend has been DOWN since Oct 23rd, 2018 at 52.3632
Smart Scan Analysis for NLR.IV
Based on a pre-defined weighted trend formula for chart analysis, NLR.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.3786||52wk High Date||2017-12-01|
|52wk Low||46.0987||52wk Low Date||2018-02-09|