Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
FIRST NORTH UTIL GI (NASDAQ:FN7000GI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 FN7000GI
The long term trend has been UP since Sep 24th, 2018 at 1583.18
The intermediate term trend has been UP since Sep 21st, 2018 at 1425.23
The short term trend has been DOWN since Oct 19th, 2018 at 1699.66
Smart Scan Analysis for FN7000GI
Based on a pre-defined weighted trend formula for chart analysis, FN7000GI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1739.6||52wk High Date||2018-10-17|
|52wk Low||1012.61||52wk Low Date||2017-12-15|