Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
NASDAQ CANADA MID-CAP NTR INDEX (NASDAQ:NQCAMCN)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQCAMCN
The long term trend has been UP since Jun 13th, 2017 at 950.98
The intermediate term trend has been DOWN since Nov 29th, 2017 at 999.69
The short term trend has been DOWN since Dec 15th, 2017 at 1005.08
Smart Scan Analysis for NQCAMCN
Based on a pre-defined weighted trend formula for chart analysis, NQCAMCN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1040.77||52wk High Date||2017-11-09|
|52wk Low||896.78||52wk Low Date||2017-03-09|