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Index Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.


Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low MGRO Price Change
3117.40 3134.24 3117.40 3126.45 +10.72
Entry Signal

MarketClub’s Trade Triangles for MGRO

long term up The long term trend has been UP since Dec 9th, 2016 at 2299.74

intermediate term up The intermediate term trend has been UP since Feb 26th, 2018 at 3112.90

short term down The short term trend has been DOWN since Mar 15th, 2018 at 3161.88

Smart Scan Analysis for MGRO

Based on a pre-defined weighted trend formula for chart analysis, MGRO scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MGRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3117.40 3134.24 3117.40 3126.45 +10.72
Prev. Close Volume Bid Ask Time
3115.73 0 2018-03-20 11:31:17
52wk High3222.7352wk High Date2018-03-13
52wk Low2410.352wk Low Date2017-03-27
Want to analyze MORNINGSTAR US GROWTH INDEX MGRO or another symbol? Try our Free Index Trend Analysis Report.