Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ CHINA OIL & GAS NTR INDEX (NASDAQ:NQCN0001N)
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 NQCN0001N
The long term trend has been UP since Sep 6th, 2017 at 711.88
The intermediate term trend has been UP since Aug 26th, 2018 at 953.60
The short term trend has been DOWN since Sep 23rd, 2018 at 991.51
Smart Scan Analysis for NQCN0001N
Based on a pre-defined weighted trend formula for chart analysis, NQCN0001N scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1020.14||52wk High Date||2018-09-20|
|52wk Low||707.24||52wk Low Date||2017-09-25|