Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
SABRIENT DEFENSIVE EQUITY INDEX (PACF:SBRDE)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SBRDE
The long term trend has been DOWN since Feb 5th, 2018 at 396.2113
The intermediate term trend has been UP since Mar 13th, 2018 at 406.4059
The short term trend has been DOWN since Mar 14th, 2018 at 401.2253
Smart Scan Analysis for SBRDE
Based on a pre-defined weighted trend formula for chart analysis, SBRDE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||422.8146||52wk High Date||2018-01-26|
|52wk Low||371.7595||52wk Low Date||2017-05-18|