Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
First North Basic Materials GI (NASDAQ:FN1000GI)
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 FN1000GI
The long term trend has been UP since Oct 30th, 2019 at 262.32
The intermediate term trend has been DOWN since Jan 27th, 2020 at 271.76
The short term trend has been DOWN since Jan 23rd, 2020 at 283.41
Smart Scan Analysis for FN1000GI
Based on a pre-defined weighted trend formula for chart analysis, FN1000GI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||306.22||52wk High Date||2018-11-12|
|52wk Low||217.28||52wk Low Date||2018-08-09|