Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
TEUCRIUM WHEAT FUND BENCHMARK INDEX (PACF:TWEAT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TWEAT
The long term trend has been DOWN since Oct 25th, 2018 at 33.6174
The intermediate term trend has been DOWN since Oct 24th, 2018 at 34.6217
The short term trend has been UP since Nov 28th, 2018 at 33.5376
Smart Scan Analysis for TWEAT
Based on a pre-defined weighted trend formula for chart analysis, TWEAT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||40.4913||52wk High Date||2018-08-02|
|52wk Low||31.6259||52wk Low Date||2017-12-12|