Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NYSE NEW FIFTY-TWO WEEK HIGHS (DTN:@FINH)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @FINH
The long term trend has been UP since Oct 2nd, 2017 at 230
The intermediate term trend has been UP since Nov 21st, 2017 at 203
The short term trend has been DOWN since Jan 17th, 2018 at 65
Smart Scan Analysis for @FINH
Based on a pre-defined weighted trend formula for chart analysis, @FINH scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).