Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ AUSTRALIA CONSUMER SERVICES INDEX (NASDAQ:NQAU5000)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 NQAU5000
The long term trend has been DOWN since Mar 28th, 2018 at 952.14
The intermediate term trend has been UP since Apr 18th, 2018 at 971.96
The short term trend has been UP since May 16th, 2018 at 1005.54
Smart Scan Analysis for NQAU5000
Based on a pre-defined weighted trend formula for chart analysis, NQAU5000 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1046.73||52wk High Date||2018-02-02|
|52wk Low||888.44||52wk Low Date||2017-06-01|