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Index Trend Analysis Report

Prepared for you on Monday, November 20, 2017.

NASDAQ DEVELOPED BASIC MATLS TRUST INDEX (NASDAQ:NQDM1000T)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NASDAQ_NQDM1000T
Open High Low NQDM1000T Price Change
1298.28 1300.86 1297.37 1300.35 -0.10
Entry Signal

MarketClub’s Trade Triangles for NQDM1000T

long term up The long term trend has been UP since Mar 17th, 2016 at 890.58

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 1298.04

short term down The short term trend has been DOWN since Nov 9th, 2017 at 1324.35

Smart Scan Analysis for NQDM1000T

Based on a pre-defined weighted trend formula for chart analysis, NQDM1000T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NQDM1000T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1298.28 1300.86 1297.37 1300.35 -0.10
Prev. Close Volume Bid Ask Time
1300.45 0 2017-11-20 06:34:00
52wk High1340.0252wk High Date2017-11-09
52wk Low1013.6852wk Low Date2016-11-21
Want to analyze NASDAQ DEVELOPED BASIC MATLS TRUST INDEX NQDM1000T or another symbol? Try our Free Index Trend Analysis Report.