Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NASDAQ SWITZERLAND HEALTH CARE TRUST INDEX (NASDAQ:NQCH4000T)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQCH4000T
The long term trend has been UP since Jul 13th, 2018 at 1688.11
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1789.60
The short term trend has been UP since Oct 17th, 2018 at 1779.08
Smart Scan Analysis for NQCH4000T
Based on a pre-defined weighted trend formula for chart analysis, NQCH4000T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1842.43||52wk High Date||2018-10-03|
|52wk Low||1556.92||52wk Low Date||2018-06-19|