Mutual Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
SHORT PRECIOUS METALS PROFUND INVESTOR CLASS (NASDAQ:SPPIX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPPIX
The long term trend has been DOWN since Dec 7th, 2018 at 44.83
The intermediate term trend has been UP since Mar 6th, 2019 at 40.67
The short term trend has been UP since Mar 14th, 2019 at 39.56
Smart Scan Analysis for SPPIX
Based on a pre-defined weighted trend formula for chart analysis, SPPIX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-09-11|
|52wk Low||38.04||52wk Low Date||2019-02-20|
|Year End Close||42.07|