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Index Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

VANECK VECTORS OIL SERVICES ETF IV (PACF:OIH.IV)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

PACF_OIH.IV
Open High Low OIH.IV Price Change
23.7642 24.6956 23.7633 24.3214 +0.5572
Entry Signal

MarketClub’s Trade Triangles for OIH.IV

long term down The long term trend has been DOWN since Feb 9th, 2018 at 23.5914

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2018 at 27.6502

short term up The short term trend has been UP since Feb 16th, 2018 at 24.5069

Smart Scan Analysis for OIH.IV

Based on a pre-defined weighted trend formula for chart analysis, OIH.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for OIH.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.7642 24.6956 23.7633 24.3214 +0.5572
Prev. Close Volume Bid Ask Time
23.7642 0 2018-02-22 16:02:20
52wk High33.1152wk High Date2017-03-01
52wk Low21.705352wk Low Date2017-08-18
Want to analyze VANECK VECTORS OIL SERVICES ETF IV OIH.IV or another symbol? Try our Free Index Trend Analysis Report.