Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
NASDAQ ASPA UTIL INDEX (NASDAQ:NQASPA7000)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
MarketClub’s Trade Triangles for NQASPA7000
The long term trend has been DOWN since Jul 2nd, 2018 at 1057.29
The intermediate term trend has been DOWN since Aug 12th, 2018 at 1072.48
The short term trend has been DOWN since Aug 10th, 2018 at 1076.29
Smart Scan Analysis for NQASPA7000
Based on a pre-defined weighted trend formula for chart analysis, NQASPA7000 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1129.63||52wk High Date||2018-05-08|
|52wk Low||1034.68||52wk Low Date||2018-02-09|