Index Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
ULTRA-SHORT CONS SERVICES PROSHARES IND VALUE (PACF:SCC.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SCC.IV
The long term trend has been UP since Aug 21st, 2017 at 30.5043
The intermediate term trend has been DOWN since Sep 13th, 2017 at 29.0493
The short term trend has been DOWN since Oct 20th, 2017 at 28.6418
Smart Scan Analysis for SCC.IV
Based on a pre-defined weighted trend formula for chart analysis, SCC.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||41.2844||52wk High Date||2016-11-04|
|52wk Low||27.584||52wk Low Date||2017-06-02|