Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
POWERSHARES S&P 500 QVM UCITS ETF (PACF:PQVMCH.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 PQVMCH.IV
The long term trend has been UP since May 10th, 2018 at 302453
The intermediate term trend has been DOWN since Sep 6th, 2018 at 307339
The short term trend has been UP since Sep 19th, 2018 at 310530
Smart Scan Analysis for PQVMCH.IV
Based on a pre-defined weighted trend formula for chart analysis, PQVMCH.IV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||316215||52wk High Date||2018-08-27|
|52wk Low||260674||52wk Low Date||2017-09-19|