Stock Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
First Trust MID-CAP US Equity Select ETF (NASDAQ:RNMC)
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 RNMC
The long term trend has been UP since Feb 12th, 2019 at 21.3698
The intermediate term trend has been UP since Jan 9th, 2019 at 19.6620
The short term trend has been UP since Feb 12th, 2019 at 21.0960
Smart Scan Analysis for RNMC
Based on a pre-defined weighted trend formula for chart analysis, RNMC scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.12||Year High Date||2018-08-29|
|Year Low||19.985||Year Low Date||2018-10-26|
|52wk High||23.12||52wk High Date||2018-08-29|
|52wk Low||17.65||52wk Low Date||2018-12-26|
|Average Volume||3,907||Shares Outstanding||700|