Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ AUSTRALIA OIL & GAS TRUST INDEX (NASDAQ:NQAU0001T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQAU0001T
The long term trend has been UP since Jun 19th, 2018 at 858.95
The intermediate term trend has been DOWN since Sep 6th, 2018 at 866.01
The short term trend has been UP since Sep 18th, 2018 at 897.78
Smart Scan Analysis for NQAU0001T
Based on a pre-defined weighted trend formula for chart analysis, NQAU0001T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||919.78||52wk High Date||2018-08-08|
|52wk Low||712.63||52wk Low Date||2017-10-05|