Mutual Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
ARGUS MODERN INNOVATORS SERIES 5 (NASDAQ:INAMDX)
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 INAMDX
The long term trend has been UP since Dec 9th, 2016 at 10.3142
The intermediate term trend has been UP since Apr 24th, 2017 at 10.9938
The short term trend has been DOWN since May 17th, 2017 at 11.1990
Smart Scan Analysis for INAMDX
Based on a pre-defined weighted trend formula for chart analysis, INAMDX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.34||52wk High Date||2017-05-24|
|52wk Low||9.29||52wk Low Date||2016-06-27|
|Year End Close||10.236|