Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ NGM AVG PRICE (DTN:@AIMT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @AIMT
The long term trend has been DOWN since Oct 5th, 2018 at 30.30
The intermediate term trend has been DOWN since Nov 15th, 2018 at 27.93
The short term trend has been DOWN since Nov 9th, 2018 at 29.19
Smart Scan Analysis for @AIMT
Based on a pre-defined weighted trend formula for chart analysis, @AIMT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).