Index Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
NASDAQ BRAZIL SM-CAP INDEX (NASDAQ:NQBRSC)
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 NQBRSC
The long term trend has been DOWN since Apr 4th, 2018 at 530.12
The intermediate term trend has been DOWN since Mar 23rd, 2018 at 557.35
The short term trend has been UP since Apr 18th, 2018 at 539.08
Smart Scan Analysis for NQBRSC
Based on a pre-defined weighted trend formula for chart analysis, NQBRSC scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||594.93||52wk High Date||2018-01-26|
|52wk Low||369.43||52wk Low Date||2017-05-18|