Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ CANADA UTIL INDEX (NASDAQ:NQCA7000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NQCA7000
The long term trend has been DOWN since Sep 5th, 2018 at 868.85
The intermediate term trend has been DOWN since Aug 31st, 2018 at 883.97
The short term trend has been DOWN since Sep 20th, 2018 at 886.41
Smart Scan Analysis for NQCA7000
Based on a pre-defined weighted trend formula for chart analysis, NQCA7000 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||999.66||52wk High Date||2017-11-08|
|52wk Low||865.63||52wk Low Date||2018-02-14|