Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
ALPS SPROTT JUNIOR GOLD MINERS ETF IOPV (PACF:SGDJ.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 SGDJ.IV
The long term trend has been DOWN since Nov 29th, 2017 at 31.6613
The intermediate term trend has been UP since Oct 11th, 2018 at 25.4417
The short term trend has been DOWN since Oct 19th, 2018 at 25.4095
Smart Scan Analysis for SGDJ.IV
Based on a pre-defined weighted trend formula for chart analysis, SGDJ.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||35.049||52wk High Date||2017-10-19|
|52wk Low||22.973||52wk Low Date||2018-09-11|