Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
TEUCRIUM SUGAR FUND BENCHMARK INDEX (PACF:TCANE)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TCANE
The long term trend has been DOWN since Dec 1st, 2016 at 60.8802
The intermediate term trend has been DOWN since Dec 4th, 2017 at 47.2855
The short term trend has been DOWN since Nov 29th, 2017 at 47.6905
Smart Scan Analysis for TCANE
Based on a pre-defined weighted trend formula for chart analysis, TCANE scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||68.3998||52wk High Date||2017-02-06|
|52wk Low||43.4851||52wk Low Date||2017-12-14|