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Index Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

NASDAQ DEVELOPED OIL & GAS TRUST INDEX (NASDAQ:NQDM0001T)

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.

NASDAQ_NQDM0001T
Open High Low NQDM0001T Price Change
933.67 934.00 0.00 933.66 +2.20
Entry Signal

MarketClub’s Trade Triangles for NQDM0001T

long term down The long term trend has been DOWN since Mar 8th, 2017 at 973.47

intermediate term down The intermediate term trend has been DOWN since Aug 14th, 2017 at 944.56

short term down The short term trend has been DOWN since Aug 3rd, 2017 at 966.42

Smart Scan Analysis for NQDM0001T

Based on a pre-defined weighted trend formula for chart analysis, NQDM0001T scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQDM0001T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
933.67 934.00 0.00 933.66 +2.20
Prev. Close Volume Bid Ask Time
931.46 0 2017-08-17 01:38:00
52wk High1055.0752wk High Date2016-12-12
52wk Low903.5252wk Low Date2016-09-27
Want to analyze NASDAQ DEVELOPED OIL & GAS TRUST INDEX NQDM0001T or another symbol? Try our Free Index Trend Analysis Report.