Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
POWERSHARES DYN LC GROUP ETF IV (PACF:PWB.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 PWB.IV
The long term trend has been UP since Dec 12th, 2016 at 32.0781
The intermediate term trend has been DOWN since Jul 30th, 2018 at 45.5886
The short term trend has been DOWN since Aug 10th, 2018 at 46.4313
Smart Scan Analysis for PWB.IV
Based on a pre-defined weighted trend formula for chart analysis, PWB.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47.5076||52wk High Date||2018-07-25|
|52wk Low||36.6892||52wk Low Date||2017-08-21|