Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
NASDAQ CANADA LG-CAP NTR INDEX (NASDAQ:NQCALCN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQCALCN
The long term trend has been UP since Jun 28th, 2017 at 1098.77
The intermediate term trend has been UP since Nov 21st, 2017 at 1198.07
The short term trend has been DOWN since Dec 15th, 2017 at 1193.02
Smart Scan Analysis for NQCALCN
Based on a pre-defined weighted trend formula for chart analysis, NQCALCN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1206.44||52wk High Date||2017-12-04|
|52wk Low||1033.59||52wk Low Date||2017-05-18|