Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
ULTRA-SHORT TECH PROSHARES [NAV] (PACF:REW.NV)
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 REW.NV
The long term trend has been DOWN since Mar 17th, 2016 at 45.19
The intermediate term trend has been UP since Dec 4th, 2017 at 16.76
The short term trend has been UP since Nov 15th, 2017 at 16.65
Smart Scan Analysis for REW.NV
Based on a pre-defined weighted trend formula for chart analysis, REW.NV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||32.51||52wk High Date||2016-12-08|
|52wk Low||16.05||52wk Low Date||2017-11-29|