Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
NYSE ONLY ISSUES TICKS DOWN (DTN:@TIYD)
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 @TIYD
The long term trend has been DOWN since Feb 9th, 2018 at 393
The intermediate term trend has been DOWN since Apr 10th, 2018 at 306
The short term trend has been UP since Apr 19th, 2018 at 1971
Smart Scan Analysis for @TIYD
Based on a pre-defined weighted trend formula for chart analysis, @TIYD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).