Index Trend Analysis Report
Prepared for you on Friday, May 25, 2018.
NYSE CURRENT DAY NEW HIGHS (DTN:@H0NH)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 Apr 9th, 2018 at 2059
The short term trend has been UP since May 25th, 2018 at 1972
Smart Scan Analysis for @H0NH
Based on a pre-defined weighted trend formula for chart analysis, @H0NH scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).