Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

NASDAQ DEVELOPED BASIC MATLS INDEX (NASDAQ:NQDM1000)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

NASDAQ_NQDM1000
Open High Low NQDM1000 Price Change
1188.92 0.00 1174.10 1179.89 -11.38
Entry Signal

MarketClub’s Trade Triangles for NQDM1000

long term down The long term trend has been DOWN since Mar 28th, 2018 at 1142.32

intermediate term up The intermediate term trend has been UP since Apr 16th, 2018 at 1185.14

short term down The short term trend has been DOWN since Apr 23rd, 2018 at 1198.83

Smart Scan Analysis for NQDM1000

Based on a pre-defined weighted trend formula for chart analysis, NQDM1000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NQDM1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1188.92 0.00 1174.10 1179.89 -11.38
Prev. Close Volume Bid Ask Time
1191.27 0 2018-04-25 15:59:00
52wk High1295.2252wk High Date2018-01-25
52wk Low997.0252wk Low Date2017-05-05
Want to analyze NASDAQ DEVELOPED BASIC MATLS INDEX NQDM1000 or another symbol? Try our Free Index Trend Analysis Report.