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Index Trend Analysis Report

Prepared for you on Saturday, March 25, 2017.

NASDAQ COMPOSITE INDEX (COMBINED) (NASDAQ:COMP)

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.

NASDAQ_COMP
Open High Low COMP Price Change
5839.33 5858.95 5807.83 5829.03 +11.34
Entry Signal

MarketClub’s Trade Triangles for COMP

long term up The long term trend has been UP since Nov 18th, 2016 at 5342.88

intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2017 at 5812.08

short term down The short term trend has been DOWN since Mar 21st, 2017 at 5887.24

Smart Scan Analysis for COMP

Based on a pre-defined weighted trend formula for chart analysis, COMP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5839.33 5858.95 5807.83 5829.03 +11.34
Prev. Close Volume Bid Ask Time
5828.74 0 2017-03-24 15:58:44
52wk High5928.0652wk High Date2017-03-21
52wk Low4574.2552wk Low Date2016-06-27
Want to analyze NASDAQ COMPOSITE INDEX (COMBINED) COMP or another symbol? Try our Free Index Trend Analysis Report.