Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ INDUSTRIAL INDEX (NASDAQ:INDS)
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 INDS
The long term trend has been UP since Nov 21st, 2016 at 4417.26
The intermediate term trend has been UP since Apr 18th, 2018 at 5838.26
The short term trend has been UP since May 17th, 2018 at 5864.26
Smart Scan Analysis for INDS
Based on a pre-defined weighted trend formula for chart analysis, INDS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6095.38||52wk High Date||2018-03-13|
|52wk Low||4913.64||52wk Low Date||2017-05-18|