Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
ARCA PUT CALL VOLUME RATIO (DTN:@VRNT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @VRNT
The long term trend has been DOWN since Aug 27th, 2018 at 0.1010
The intermediate term trend has been DOWN since Sep 27th, 2018 at 0.3706
The short term trend has been UP since Oct 18th, 2018 at 1.2097
Smart Scan Analysis for @VRNT
Based on a pre-defined weighted trend formula for chart analysis, @VRNT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).