Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

NASDAQ COMPOSITE INDEX (COMBINED) (NASDAQ:COMP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
6173.10 6238.29 6144.80 6232.64 +86.02
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 Apr 3rd, 2017 at 5928.06

short term down The short term trend has been DOWN since Jun 27th, 2017 at 6218.78

Smart Scan Analysis for COMP

Based on a pre-defined weighted trend formula for chart analysis, COMP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6173.10 6238.29 6144.80 6232.64 +86.02
Prev. Close Volume Bid Ask Time
6146.62 0 2017-06-28 15:59:17
52wk High6341.752wk High Date2017-06-09
52wk Low4643.9352wk Low Date2016-06-28
Want to analyze NASDAQ COMPOSITE INDEX (COMBINED) COMP or another symbol? Try our Free Index Trend Analysis Report.