Mutual Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
ARGUS MODERN INNOVATORS SERIES 5 (NASDAQ:INAMDX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 INAMDX
The long term trend has been UP since Dec 9th, 2016 at 10.3142
The intermediate term trend has been UP since Aug 31st, 2017 at 11.7065
The short term trend has been UP since Oct 10th, 2017 at 12.2643
Smart Scan Analysis for INAMDX
Based on a pre-defined weighted trend formula for chart analysis, INAMDX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.38||52wk High Date||2017-10-18|
|52wk Low||9.7||52wk Low Date||2016-11-04|
|Year End Close||10.236|