Stock Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
Velocity Shares 3X Long Crude Oil TO S&P Gsci Index (PACF:UWT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 UWT
The long term trend has been DOWN since May 31st, 2019 at 11.8100
The intermediate term trend has been DOWN since Jul 18th, 2019 at 13.2500
The short term trend has been UP since Jul 23rd, 2019 at 13.6219
Smart Scan Analysis for UWT
Based on a pre-defined weighted trend formula for chart analysis, UWT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||50.75||Year High Date||2018-10-03|
|Year Low||12.87||Year Low Date||2018-11-28|
|52wk High||50.75||52wk High Date||2018-10-03|
|52wk Low||7.93||52wk Low Date||2018-12-26|