Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
SHORT RUSSELL 2000 PROSHARES INT IND VALUE (PACF:RWM.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 RWM.IV
The long term trend has been UP since Oct 5th, 2018 at 39.3085
The intermediate term trend has been UP since Sep 17th, 2018 at 37.6774
The short term trend has been DOWN since Nov 26th, 2018 at 42.4137
Smart Scan Analysis for RWM.IV
Based on a pre-defined weighted trend formula for chart analysis, RWM.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||45.045||52wk High Date||2018-02-09|
|52wk Low||36.8376||52wk Low Date||2018-08-31|