Index Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
NASDAQ CHINA UTIL TRUST INDEX (NASDAQ:NQCN7000T)
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 NQCN7000T
The long term trend has been DOWN since Dec 5th, 2017 at 1474.18
The intermediate term trend has been UP since Mar 7th, 2018 at 1473.57
The short term trend has been DOWN since Apr 22nd, 2018 at 1485.19
Smart Scan Analysis for NQCN7000T
Based on a pre-defined weighted trend formula for chart analysis, NQCN7000T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1602.26||52wk High Date||2017-11-08|
|52wk Low||1366.64||52wk Low Date||2018-02-09|