Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
NASDAQ ASPA FOOD & BEVERAGE INDEX (NASDAQ:NQASPA3500)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQASPA3500
The long term trend has been UP since Mar 15th, 2017 at 1163.71
The intermediate term trend has been DOWN since May 9th, 2018 at 1377.01
The short term trend has been DOWN since May 15th, 2018 at 1384.36
Smart Scan Analysis for NQASPA3500
Based on a pre-defined weighted trend formula for chart analysis, NQASPA3500 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1772.97||52wk High Date||2017-06-05|
|52wk Low||1212.57||52wk Low Date||2017-07-07|