Index Trend Analysis Report
Prepared for you on Saturday, July 22, 2017.
NASDAQ NCM NEW FIFTY-TWO WEEK RATIO (DTN:@FRST)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.
MarketClub’s Trade Triangles for @FRST
The long term trend has been DOWN since Apr 6th, 2017 at 0.19
The intermediate term trend has been DOWN since Jul 13th, 2017 at 0.25
The short term trend has been UP since Jul 21st, 2017 at 2.00
Smart Scan Analysis for @FRST
Based on a pre-defined weighted trend formula for chart analysis, @FRST scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).