Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ CANADA BASIC MATLS NTR INDEX (NASDAQ:NQCA1000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQCA1000N
The long term trend has been UP since Jun 7th, 2018 at 602.38
The intermediate term trend has been UP since Jul 9th, 2018 at 593.83
The short term trend has been DOWN since Jul 11th, 2018 at 587.61
Smart Scan Analysis for NQCA1000N
Based on a pre-defined weighted trend formula for chart analysis, NQCA1000N scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||638.67||52wk High Date||2018-01-15|
|52wk Low||533.83||52wk Low Date||2018-02-09|