Index Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
ULTRA CONSUMER GOODS PROSHARES IND VALUE (PACF:UGE.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 UGE.IV
The long term trend has been DOWN since Feb 9th, 2018 at 42.4999
The intermediate term trend has been UP since Jul 10th, 2018 at 43.7706
The short term trend has been DOWN since Jul 19th, 2018 at 43.3647
Smart Scan Analysis for UGE.IV
Based on a pre-defined weighted trend formula for chart analysis, UGE.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||52.1204||52wk High Date||2018-01-24|
|52wk Low||37.1854||52wk Low Date||2018-05-03|