Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
NASDAQ DEVELOPED OIL & GAS TRUST INDEX (NASDAQ:NQDM0001T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQDM0001T
The long term trend has been UP since Sep 13th, 2017 at 979.72
The intermediate term trend has been UP since Sep 5th, 2017 at 950.41
The short term trend has been DOWN since Oct 18th, 2017 at 1019.36
Smart Scan Analysis for NQDM0001T
Based on a pre-defined weighted trend formula for chart analysis, NQDM0001T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1055.07||52wk High Date||2016-12-12|
|52wk Low||914.57||52wk Low Date||2017-07-07|