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Index Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

NASDAQ COMPOSITE INDEX (COMBINED) (NASDAQ:COMP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6871.55 6926.62 6871.46 6926.04 +69.51
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 up The intermediate term trend has been UP since Aug 31st, 2017 at 6423.35

short term up The short term trend has been UP since Dec 8th, 2017 at 6836.45

Smart Scan Analysis for COMP

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

+100
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6871.55 6926.62 6871.46 6926.04 +69.51
Prev. Close Volume Bid Ask Time
6856.53 0 2017-12-15 12:18:43
52wk High6914.1952wk High Date2017-11-28
52wk Low5371.8952wk Low Date2016-12-30
Want to analyze NASDAQ COMPOSITE INDEX (COMBINED) COMP or another symbol? Try our Free Index Trend Analysis Report.