Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NYSE CURRENT DAY NEW HIGHS (DTN:@H0NH)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @H0NH
The long term trend has been DOWN since Mar 23rd, 2018 at 124
The intermediate term trend has been UP since Jul 17th, 2018 at 2043
The short term trend has been UP since Aug 14th, 2018 at 1968
Smart Scan Analysis for @H0NH
Based on a pre-defined weighted trend formula for chart analysis, @H0NH scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).