Stock Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
AdvisorShares Dorsey Wright ADR ETF (PACF:AADR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 AADR
The long term trend has been DOWN since Oct 1st, 2019 at 47.4925
The intermediate term trend has been DOWN since Sep 10th, 2019 at 48.6400
The short term trend has been UP since Oct 4th, 2019 at 47.5900
Smart Scan Analysis for AADR
Based on a pre-defined weighted trend formula for chart analysis, AADR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||64.00000000||Year High Date||2018-01-16|
|Year Low||42.70000000||Year Low Date||2018-11-27|
|52wk High||53.17000000||52wk High Date||2018-10-04|
|52wk Low||38.15000000||52wk Low Date||2018-12-26|
|Year End Close||30.74000000||Average Volume||7,399|