Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
NASDAQ NGM ISSUES $ VOL UNCHG (DTN:@DIMU)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 @DIMU
The long term trend has been DOWN since Jun 26th, 2015 at 83
The intermediate term trend has been DOWN since Jan 12th, 2017 at 535
The short term trend has been DOWN since Apr 18th, 2018 at 938
Smart Scan Analysis for @DIMU
Based on a pre-defined weighted trend formula for chart analysis, @DIMU scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).