Mutual Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
ISHARES RUSSELL 2000 SMALL CAP INDEX FUND - INVESTOR P SHARES (NASDAQ:BDBPX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BDBPX
The long term trend has been UP since Sep 16th, 2019 at 19.92
The intermediate term trend has been UP since Oct 21st, 2019 at 19.44
The short term trend has been UP since Nov 1st, 2019 at 19.88
Smart Scan Analysis for BDBPX
Based on a pre-defined weighted trend formula for chart analysis, BDBPX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.23||52wk High Date||2019-05-06|
|52wk Low||15.81||52wk Low Date||2018-12-24|
|Year End Close||16.84||Payment Date||2018-12-17|