Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
FIRST NORTH FINANCIALS PI (NASDAQ:FN8000PI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 FN8000PI
The long term trend has been UP since May 8th, 2018 at 1730.34
The intermediate term trend has been DOWN since Oct 25th, 2018 at 1803.65
The short term trend has been DOWN since Nov 6th, 2018 at 1813.72
Smart Scan Analysis for FN8000PI
Based on a pre-defined weighted trend formula for chart analysis, FN8000PI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1919.04||52wk High Date||2018-10-02|
|52wk Low||1596.2||52wk Low Date||2017-12-21|