Stock Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
First Trust Amex Biotech Index Fund (PACF:FBT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FBT
The long term trend has been UP since Feb 1st, 2019 at 144.3099
The intermediate term trend has been UP since Jan 7th, 2019 at 132.1996
The short term trend has been UP since Feb 13th, 2019 at 143.4700
Smart Scan Analysis for FBT
Based on a pre-defined weighted trend formula for chart analysis, FBT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||159.85||Year High Date||2018-09-28|
|Year Low||124.451||Year Low Date||2018-04-06|
|52wk High||159.85||52wk High Date||2018-09-28|
|52wk Low||119.96||52wk Low Date||2017-12-06|
|Year End Close||45.95||Average Volume||172,200|