Index Trend Analysis Report
Prepared for you on Tuesday, May 23, 2017.
iShares EXPONENTIAL TECHNOLOGIES ETF IOP (PACF:XT.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 positive trend to resume. Uptrend 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 XT.IV
The long term trend has been UP since Dec 7th, 2016 at 26.5224
The intermediate term trend has been UP since Nov 9th, 2016 at 25.7352
The short term trend has been DOWN since May 17th, 2017 at 31.0631
Smart Scan Analysis for XT.IV
Based on a pre-defined weighted trend formula for chart analysis, XT.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.5815||52wk High Date||2017-05-16|
|52wk Low||22.8574||52wk Low Date||2016-06-27|