Index Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
PROSHARES SHORT REAL ESTATE IND VALUE (PACF:REK.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 REK.IV
The long term trend has been UP since Jan 10th, 2018 at 16.4716
The intermediate term trend has been DOWN since Mar 9th, 2018 at 16.9863
The short term trend has been UP since Apr 19th, 2018 at 17.0469
Smart Scan Analysis for REK.IV
Based on a pre-defined weighted trend formula for chart analysis, REK.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17.9622||52wk High Date||2018-02-09|
|52wk Low||15.5878||52wk Low Date||2017-12-18|