Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
NASDAQ ASPA FOOD & BEVERAGE NTR INDEX (NASDAQ:NQASPA3500N)
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 NQASPA3500N
The long term trend has been UP since Mar 15th, 2017 at 1235.32
The intermediate term trend has been DOWN since Jun 18th, 2018 at 1491.31
The short term trend has been DOWN since Jun 14th, 2018 at 1517.02
Smart Scan Analysis for NQASPA3500N
Based on a pre-defined weighted trend formula for chart analysis, NQASPA3500N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1544.64||52wk High Date||2018-01-24|
|52wk Low||1295.74||52wk Low Date||2017-07-07|