Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
MORNINGSTAR GLOBAL UPSTREAM NATURAL RESO (CME:MUNR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 MUNR
The long term trend has been UP since Feb 20th, 2019 at 3266.68
The intermediate term trend has been DOWN since Apr 26th, 2019 at 3269.72
The short term trend has been UP since May 16th, 2019 at 3154.32
Smart Scan Analysis for MUNR
Based on a pre-defined weighted trend formula for chart analysis, MUNR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3529.42||52wk High Date||2018-01-26|
|52wk Low||3010.48||52wk Low Date||2018-11-27|