Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
SCHWAB SHORT TERM US TRS ETF (PACF:SCHO.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 SCHO.IV
The long term trend has been DOWN since Oct 2nd, 2017 at 50.3228
The intermediate term trend has been UP since Aug 13th, 2018 at 49.6616
The short term trend has been UP since Aug 6th, 2018 at 49.5928
Smart Scan Analysis for SCHO.IV
Based on a pre-defined weighted trend formula for chart analysis, SCHO.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||50.54||52wk High Date||2017-08-29|
|52wk Low||49.5398||52wk Low Date||2018-08-01|