Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ NCM ISSUES TICKS UP (DTN:@TISA)
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 @TISA
The long term trend has been DOWN since Feb 5th, 2018 at 170
The intermediate term trend has been DOWN since Mar 2nd, 2018 at 155
The short term trend has been UP since Mar 23rd, 2018 at 423
Smart Scan Analysis for @TISA
Based on a pre-defined weighted trend formula for chart analysis, @TISA scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).