Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NUSHARES ENHANCED YIELD US AGRGT BOND IO (PACF:NUAG.IV)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 NUAG.IV
The long term trend has been DOWN since Dec 1st, 2017 at 24.4634
The intermediate term trend has been DOWN since Sep 4th, 2018 at 23.5255
The short term trend has been DOWN since Oct 17th, 2018 at 23.1479
Smart Scan Analysis for NUAG.IV
Based on a pre-defined weighted trend formula for chart analysis, NUAG.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24.6214||52wk High Date||2017-11-08|
|52wk Low||23.107||52wk Low Date||2018-10-19|