Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
Horizon Kinetics ISE Asia ex Japan Wealth NTR (NASDAQ:WEALTHAN)
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 WEALTHAN
The long term trend has been DOWN since May 13th, 2019 at 170.93
The intermediate term trend has been DOWN since Oct 3rd, 2019 at 160.00
The short term trend has been UP since Oct 11th, 2019 at 160.85
Smart Scan Analysis for WEALTHAN
Based on a pre-defined weighted trend formula for chart analysis, WEALTHAN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).