Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ NGM ISSUES TICKS UP (DTN:@TIMA)
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 @TIMA
The long term trend has been UP since Jun 1st, 2018 at 510
The intermediate term trend has been DOWN since Sep 7th, 2018 at 187
The short term trend has been UP since Sep 12th, 2018 at 459
Smart Scan Analysis for @TIMA
Based on a pre-defined weighted trend formula for chart analysis, @TIMA scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).