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Index Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

NASDAQ COMPOSITE INDEX (COMBINED) (NASDAQ:COMP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

NASDAQ_COMP
Open High Low COMP Price Change
7109.57 7110.16 6979.81 7000.61 -156.62
Entry Signal

MarketClub’s Trade Triangles for COMP

long term down The long term trend has been DOWN since Oct 10th, 2018 at 7443.10

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 6931.81

short term down The short term trend has been DOWN since Jan 22nd, 2019 at 7003.62

Smart Scan Analysis for COMP

Based on a pre-defined weighted trend formula for chart analysis, COMP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7109.57 7110.16 6979.81 7000.61 -156.62
Prev. Close Volume Bid Ask Time
6823.47 0 2019-01-22 15:58:30
52wk High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
Want to analyze NASDAQ COMPOSITE INDEX (COMBINED) COMP or another symbol? Try our Free Index Trend Analysis Report.