Stock Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
Velocity Shares 3X Long Crude Oil TO S&P Gsci Index (PACF:UWT)
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 UWT
The long term trend has been DOWN since May 31st, 2019 at 11.81
The intermediate term trend has been UP since Dec 5th, 2019 at 12.68
The short term trend has been UP since Dec 4th, 2019 at 11.70
Smart Scan Analysis for UWT
Based on a pre-defined weighted trend formula for chart analysis, UWT scored +70 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||24.3199||52wk High Date||2019-04-23|
|52wk Low||7.93||52wk Low Date||2018-12-26|