Index Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
NASDAQ NCM NEW FIFTY-TWO WEEK RATIO (DTN:@FRST)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @FRST
The long term trend has been UP since Nov 21st, 2016 at 14.0
The intermediate term trend has been DOWN since Feb 23rd, 2017 at 1.0
The short term trend has been DOWN since Feb 22nd, 2017 at 1.4
Smart Scan Analysis for @FRST
Based on a pre-defined weighted trend formula for chart analysis, @FRST scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).