Stock Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
VANECK VECTORS HIGH INCOME MLP ETF (PACF:YMLP)
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 YMLP
The long term trend has been DOWN since Sep 7th, 2018 at 21.4000
The intermediate term trend has been DOWN since Aug 28th, 2018 at 22.3982
The short term trend has been UP since Sep 17th, 2018 at 21.8200
Smart Scan Analysis for YMLP
Based on a pre-defined weighted trend formula for chart analysis, YMLP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.4848||Year High Date||2018-01-23|
|Year Low||20.51||Year Low Date||2018-04-04|
|52wk High||25.4848||52wk High Date||2018-01-23|
|52wk Low||20.51||52wk Low Date||2018-04-04|
|Year End Close||17.43||Average Volume||10,940|