Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
NASDAQ OMX Developer/Operator Total Return (NASDAQ:GRNDOX)
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 GRNDOX
The long term trend has been DOWN since Nov 11th, 2019 at 2538.69
The intermediate term trend has been DOWN since Nov 7th, 2019 at 2723.67
The short term trend has been UP since Dec 6th, 2019 at 2776.23
Smart Scan Analysis for GRNDOX
Based on a pre-defined weighted trend formula for chart analysis, GRNDOX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2131.27||52wk High Date||2018-11-20|
|52wk Low||1906.79||52wk Low Date||2018-02-09|