Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
POWERSHARES DYN LC GROUP ETF IV (PACF:PWB.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 PWB.IV
The long term trend has been UP since Dec 12th, 2016 at 32.0781
The intermediate term trend has been DOWN since Feb 5th, 2018 at 43.3472
The short term trend has been UP since Feb 14th, 2018 at 42.3765
Smart Scan Analysis for PWB.IV
Based on a pre-defined weighted trend formula for chart analysis, PWB.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||45.2387||52wk High Date||2018-01-26|
|52wk Low||33.8671||52wk Low Date||2017-03-27|