Stock Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
Powershares Variable Investment Grade (NASDAQ:VRIG)
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 VRIG
The long term trend has been DOWN since Oct 22nd, 2018 at 25.05
The intermediate term trend has been UP since Jan 14th, 2019 at 24.74
The short term trend has been DOWN since Mar 18th, 2019 at 24.89
Smart Scan Analysis for VRIG
Based on a pre-defined weighted trend formula for chart analysis, VRIG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.29||Year High Date||2018-01-17|
|Year Low||24.86||Year Low Date||2018-11-19|
|52wk High||25.29||52wk High Date||2018-04-11|
|52wk Low||24.56||52wk Low Date||2018-12-28|
|Average Volume||71,348||Shares Outstanding||2,000|