Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
E-TRACS UBS BLOOMBERG CMCI ENERGY IV (PACF:UBN.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 UBN.IV
The long term trend has been UP since Sep 1st, 2017 at 6.8102
The intermediate term trend has been DOWN since Dec 6th, 2017 at 7.6273
The short term trend has been DOWN since Dec 13th, 2017 at 7.6777
Smart Scan Analysis for UBN.IV
Based on a pre-defined weighted trend formula for chart analysis, UBN.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.9254||52wk High Date||2017-11-08|
|52wk Low||5.872||52wk Low Date||2017-06-21|