Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
NYSE ISSUES UNCHG (DTN:@IINU)
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 @IINU
The long term trend has been UP since Oct 9th, 2017 at 361
The intermediate term trend has been UP since Nov 6th, 2017 at 311
The short term trend has been DOWN since Nov 13th, 2017 at 60
Smart Scan Analysis for @IINU
Based on a pre-defined weighted trend formula for chart analysis, @IINU scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).