Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
DIREXION DAILY TECH BEAR 3X SHARES [TOTAL CASH/UNIT] (PACF:TECS.TC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 TECS.TC
The long term trend has been DOWN since Jul 26th, 2018 at 999999.999999
The intermediate term trend has been UP since Oct 9th, 2018 at 974447.900000
The short term trend has been UP since Oct 5th, 2018 at 913095.190000
Smart Scan Analysis for TECS.TC
Based on a pre-defined weighted trend formula for chart analysis, TECS.TC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1580473||52wk High Date||2018-04-03|
|52wk Low||242227.1||52wk Low Date||2018-03-13|