Stock Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Velocityshares 3X Long Natural (PACF:UGAZ)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 UGAZ
The long term trend has been DOWN since Dec 31st, 2018 at 54.6000
The intermediate term trend has been UP since Feb 25th, 2019 at 32.3599
The short term trend has been UP since Mar 14th, 2019 at 35.0978
Smart Scan Analysis for UGAZ
Based on a pre-defined weighted trend formula for chart analysis, UGAZ scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||260.23||Year High Date||2018-11-14|
|Year Low||50.78||Year Low Date||2018-07-19|
|52wk High||260.23||52wk High Date||2018-11-14|
|52wk Low||26.851||52wk Low Date||2019-02-07|
|Year End Close||21.87||Average Volume||8,218,342|