Stock Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
UBS ETRACS Proshares Daily 3X Inverse Crude ETN (PACF:WTID)
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 WTID
The long term trend has been UP since Nov 6th, 2018 at 9.1000
The intermediate term trend has been DOWN since Jan 7th, 2019 at 13.8801
The short term trend has been DOWN since Dec 26th, 2018 at 17.5000
Smart Scan Analysis for WTID
Based on a pre-defined weighted trend formula for chart analysis, WTID scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||16.25||Year High Date||2018-02-09|
|Year Low||5.1||Year Low Date||2018-10-03|
|52wk High||19.15||52wk High Date||2017-12-06|
|52wk Low||5.1||52wk Low Date||2018-10-03|