Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ NCM ISSUES UNCHG (DTN:@IISU)
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 @IISU
The long term trend has been DOWN since Nov 10th, 2017 at 27
The intermediate term trend has been DOWN since Mar 20th, 2018 at 29
The short term trend has been DOWN since Mar 19th, 2018 at 30
Smart Scan Analysis for @IISU
Based on a pre-defined weighted trend formula for chart analysis, @IISU scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).