Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
NASDAQ NCM ISSUES UNCHG (DTN:@IISU)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @IISU
The long term trend has been DOWN since Jul 5th, 2017 at 28
The intermediate term trend has been UP since Jul 27th, 2017 at 86
The short term trend has been UP since Aug 10th, 2017 at 84
Smart Scan Analysis for @IISU
Based on a pre-defined weighted trend formula for chart analysis, @IISU scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).