Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ NCM ISSUES VOLUME UP (DTN:@VISA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @VISA
The long term trend has been UP since Oct 3rd, 2018 at 666294
The intermediate term trend has been DOWN since Oct 11th, 2018 at 4141
The short term trend has been UP since Oct 12th, 2018 at 295419
Smart Scan Analysis for @VISA
Based on a pre-defined weighted trend formula for chart analysis, @VISA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).