Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NYSE_MKT NET VOLUME (DTN:@JVAT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 @JVAT
The long term trend has been DOWN since Oct 4th, 2018 at -7386
The intermediate term trend has been DOWN since Oct 3rd, 2018 at -1992
The short term trend has been UP since Oct 8th, 2018 at 1294
Smart Scan Analysis for @JVAT
Based on a pre-defined weighted trend formula for chart analysis, @JVAT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).