Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
ISE Mobile Payments Select Total Return Index (NASDAQ:IPYSIT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 IPYSIT
The long term trend has been UP since Jan 17th, 2019 at 1090.62
The intermediate term trend has been UP since Sep 5th, 2019 at 1401.58
The short term trend has been DOWN since Sep 10th, 2019 at 1386.92
Smart Scan Analysis for IPYSIT
Based on a pre-defined weighted trend formula for chart analysis, IPYSIT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).