Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
NASDAQ AUSTRIA SM-CAP NTR INDEX (NASDAQ:NQATSCN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.
MarketClub’s Trade Triangles for NQATSCN
The long term trend has been DOWN since Oct 2nd, 2018 at 2089.11
The intermediate term trend has been DOWN since Sep 27th, 2018 at 2139.66
The short term trend has been UP since Nov 29th, 2018 at 1896.23
Smart Scan Analysis for NQATSCN
Based on a pre-defined weighted trend formula for chart analysis, NQATSCN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2284.03||52wk High Date||2018-01-25|
|52wk Low||1850.72||52wk Low Date||2018-11-20|