Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
VANECK VECTORS CEF MUNI INCOME IV (PACF:XMPT.IV)
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 XMPT.IV
The long term trend has been DOWN since Oct 26th, 2017 at 26.7512
The intermediate term trend has been DOWN since Sep 21st, 2017 at 27.2901
The short term trend has been DOWN since Nov 20th, 2017 at 26.7806
Smart Scan Analysis for XMPT.IV
Based on a pre-defined weighted trend formula for chart analysis, XMPT.IV scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||27.5785||52wk High Date||2017-09-15|
|52wk Low||1||52wk Low Date||2016-12-05|