Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
ULTRA-SHORT BASIC MAT PROSHARES IND VALUE (PACF:SMN.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 SMN.IV
The long term trend has been UP since Mar 28th, 2018 at 14.9933
The intermediate term trend has been DOWN since Apr 16th, 2018 at 13.3162
The short term trend has been UP since Apr 23rd, 2018 at 13.1400
Smart Scan Analysis for SMN.IV
Based on a pre-defined weighted trend formula for chart analysis, SMN.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19.5318||52wk High Date||2017-05-18|
|52wk Low||11.7905||52wk Low Date||2018-01-25|