Stock Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
United States Brent Oil Fund, LP (PACF:BNO)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 BNO
The long term trend has been UP since Sep 16th, 2019 at 19.9000
The intermediate term trend has been DOWN since Jan 13th, 2020 at 20.4701
The short term trend has been UP since Jan 17th, 2020 at 20.6100
Smart Scan Analysis for BNO
Based on a pre-defined weighted trend formula for chart analysis, BNO scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||24.41||Year High Date||2018-10-03|
|Year Low||16.56||Year Low Date||2018-11-23|
|52wk High||21.98||52wk High Date||2020-01-06|
|52wk Low||16.62||52wk Low Date||2019-08-07|
|Year End Close||82.07||Average Volume||212,631|