Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
iShares MTG REAL ESTATE CAPPED IOPV (PACF:REM.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 REM.IV
The long term trend has been UP since May 4th, 2018 at 43.2102
The intermediate term trend has been DOWN since Aug 7th, 2018 at 44.0691
The short term trend has been UP since Aug 13th, 2018 at 44.2450
Smart Scan Analysis for REM.IV
Based on a pre-defined weighted trend formula for chart analysis, REM.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47.5974||52wk High Date||2017-10-20|
|52wk Low||40.0994||52wk Low Date||2018-02-06|