Index Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
NASDAQ SWITZERLAND CONSUMER SERVICES NTR INDEX (NASDAQ:NQCH5000N)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQCH5000N
The long term trend has been DOWN since Mar 23rd, 2018 at 1488.95
The intermediate term trend has been DOWN since Nov 16th, 2018 at 1197.37
The short term trend has been DOWN since Nov 30th, 2018 at 1198.89
Smart Scan Analysis for NQCH5000N
Based on a pre-defined weighted trend formula for chart analysis, NQCH5000N scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1764.89||52wk High Date||2018-01-25|
|52wk Low||1181.6||52wk Low Date||2018-11-20|