Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
NASDAQ BRIC HEALTH CARE NTR INDEX (NASDAQ:NQBRIC4000N)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NQBRIC4000N
The long term trend has been UP since Nov 1st, 2017 at 1558.05
The intermediate term trend has been DOWN since Jan 29th, 2018 at 1665.78
The short term trend has been DOWN since Feb 16th, 2018 at 1593.37
Smart Scan Analysis for NQBRIC4000N
Based on a pre-defined weighted trend formula for chart analysis, NQBRIC4000N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1710.56||52wk High Date||2018-01-25|
|52wk Low||1374.49||52wk Low Date||2017-08-11|