Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NASDAQ ASPA SM-CAP INDEX (NASDAQ:NQASPASC)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQASPASC
The long term trend has been DOWN since Jun 19th, 2018 at 1480.63
The intermediate term trend has been DOWN since Oct 7th, 2018 at 1383.85
The short term trend has been UP since Nov 15th, 2018 at 1295.27
Smart Scan Analysis for NQASPASC
Based on a pre-defined weighted trend formula for chart analysis, NQASPASC scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1618.62||52wk High Date||2018-01-29|
|52wk Low||1245.01||52wk Low Date||2018-10-29|