Stock Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
ETRACS Monthly PAY 2X LV MTG REIT B (PACF:MRRL)
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 MRRL
The long term trend has been DOWN since May 9th, 2019 at 13.60
The intermediate term trend has been UP since Jun 28th, 2019 at 13.35
The short term trend has been DOWN since Jul 12th, 2019 at 13.50
Smart Scan Analysis for MRRL
Based on a pre-defined weighted trend formula for chart analysis, MRRL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||17.75||Year High Date||2018-01-02|
|Year Low||11.51||Year Low Date||2018-02-06|
|52wk High||16.6625||52wk High Date||2018-07-06|
|52wk Low||11.25||52wk Low Date||2018-12-24|