Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
NYSE ISSUES UNCHG (DTN:@IINU)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 @IINU
The long term trend has been UP since Oct 31st, 2016 at 244
The intermediate term trend has been DOWN since May 4th, 2017 at 56
The short term trend has been UP since May 24th, 2017 at 268
Smart Scan Analysis for @IINU
Based on a pre-defined weighted trend formula for chart analysis, @IINU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).