Stock Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
iPath Pure Beta Crude Oil ET (PACF:OLEM)
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 OLEM
The long term trend has been UP since Sep 16th, 2019 at 18.0700
The intermediate term trend has been DOWN since Sep 30th, 2019 at 16.7200
The short term trend has been UP since Oct 10th, 2019 at 16.4602
Smart Scan Analysis for OLEM
Based on a pre-defined weighted trend formula for chart analysis, OLEM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.25000000||Year High Date||2018-10-03|
|Year Low||15.91070000||Year Low Date||2018-11-27|
|52wk High||23.25000000||52wk High Date||2018-10-05|
|52wk Low||13.88000000||52wk Low Date||2018-12-26|
|Year End Close||38.47600000||Average Volume||465|