Index Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
POWERSHARES BALANCED MULTI-ASSET ALLOCATION (PACF:PSMB.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 PSMB.IV
The long term trend has been UP since Jul 24th, 2018 at 13.6286
The intermediate term trend has been UP since Aug 21st, 2018 at 13.7183
The short term trend has been DOWN since Sep 25th, 2018 at 13.7638
Smart Scan Analysis for PSMB.IV
Based on a pre-defined weighted trend formula for chart analysis, PSMB.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13.9214||52wk High Date||2018-01-26|
|52wk Low||12.9533||52wk Low Date||2018-02-09|