Stock Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
Velocity Shares Triple Leveraged Oil Fair Value (NASDAQ:UWTIF)
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 UWTIF
The long term trend has been DOWN since May 31st, 2019 at 15.40
The intermediate term trend has been DOWN since Sep 30th, 2019 at 11.90
The short term trend has been UP since Oct 9th, 2019 at 11.31
Smart Scan Analysis for UWTIF
Based on a pre-defined weighted trend formula for chart analysis, UWTIF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||50.00000000||Year High Date||2018-10-03|
|Year Low||16.00000000||Year Low Date||2018-11-26|
|52wk High||48.00000000||52wk High Date||2018-10-04|
|52wk Low||10.55000000||52wk Low Date||2019-10-03|
|Average Volume||15,081||P/E Ratio||0.00000000|