Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
ULTRA-SHORT REAL ESTATE PROSHARES IND VALUE (PACF:SRS.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SRS.IV
The long term trend has been UP since Oct 3rd, 2018 at 28.9827
The intermediate term trend has been DOWN since Oct 30th, 2018 at 28.3933
The short term trend has been DOWN since Nov 19th, 2018 at 27.3476
Smart Scan Analysis for SRS.IV
Based on a pre-defined weighted trend formula for chart analysis, SRS.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||37.4178||52wk High Date||2018-02-09|
|52wk Low||26.0642||52wk Low Date||2018-08-20|