Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
POWERSHARES DYN LC GROUP ETF IV (PACF:PWB.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Apr 17th, 2018 at 43.6475
The short term trend has been UP since May 18th, 2018 at 44.9886
Smart Scan Analysis for PWB.IV
Based on a pre-defined weighted trend formula for chart analysis, PWB.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||45.4286||52wk High Date||2018-05-21|
|52wk Low||35.2473||52wk Low Date||2017-05-22|