Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
NASDAQ NCM ISSUES UNCHG (DTN:@IISU)
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 @IISU
The long term trend has been UP since Oct 18th, 2016 at 66
The intermediate term trend has been DOWN since Jun 19th, 2017 at 34
The short term trend has been UP since Jun 28th, 2017 at 87
Smart Scan Analysis for @IISU
Based on a pre-defined weighted trend formula for chart analysis, @IISU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).