Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NYSE ISSUES UNCHG (DTN:@IINU)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DOWN since Jan 29th, 2018 at 45
The intermediate term trend has been UP since Apr 25th, 2018 at 272
The short term trend has been DOWN since Apr 26th, 2018 at 59
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).