Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
NASDAQ NGM ISSUES VOLUME UNCHG (DTN:@VIMU)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @VIMU
The long term trend has been DOWN since Feb 13th, 2018 at 51
The intermediate term trend has been UP since Aug 13th, 2018 at 27355
The short term trend has been UP since Aug 17th, 2018 at 10415
Smart Scan Analysis for @VIMU
Based on a pre-defined weighted trend formula for chart analysis, @VIMU scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).