Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ COMMODITY HG COPPER INDEX ER (NASDAQ:NQCIHGER)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NQCIHGER
The long term trend has been UP since Jul 17th, 2017 at 717.37
The intermediate term trend has been DOWN since Mar 8th, 2018 at 796.10
The short term trend has been DOWN since Mar 16th, 2018 at 801.01
Smart Scan Analysis for NQCIHGER
Based on a pre-defined weighted trend formula for chart analysis, NQCIHGER scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||862.94||52wk High Date||2017-12-28|
|52wk Low||654.41||52wk Low Date||2017-05-08|