Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
USAA CORE INTERMEDIATE BOND INTDY VALUE (PACF:UITB.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 UITB.IV
The long term trend has been DOWN since Sep 19th, 2018 at 48.2209
The intermediate term trend has been DOWN since Sep 4th, 2018 at 48.5114
The short term trend has been UP since Oct 23rd, 2018 at 47.8937
Smart Scan Analysis for UITB.IV
Based on a pre-defined weighted trend formula for chart analysis, UITB.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||78523.2704||52wk High Date||2017-11-08|
|52wk Low||47.7169||52wk Low Date||2018-10-05|