Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
ALPS SPROTT JUNIOR GOLD MINERS ETF IOPV (PACF:SGDJ.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 UP since Aug 28th, 2017 at 34.3159
The intermediate term trend has been DOWN since Oct 17th, 2017 at 34.7989
The short term trend has been UP since Nov 17th, 2017 at 32.2398
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||41.4812||52wk High Date||2017-02-08|
|52wk Low||27.998||52wk Low Date||2016-12-22|