Mutual Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
PREDEX - CLASS W (NASDAQ:PWDEX)
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 PWDEX
The long term trend has been DOWN since Mar 14th, 2019 at 26.19
The intermediate term trend has been DOWN since Sep 12th, 2019 at 26.26
The short term trend has been UP since Sep 20th, 2019 at 26.06
Smart Scan Analysis for PWDEX
Based on a pre-defined weighted trend formula for chart analysis, PWDEX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.45||52wk High Date||2018-12-11|
|52wk Low||26.05||52wk Low Date||2019-09-12|
|Year End Close||26.28|