Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
NASDAQ DEVELOPED MEDIA TRUST INDEX (NASDAQ:NQDM5500T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for NQDM5500T
The long term trend has been UP since Dec 1st, 2017 at 1863.23
The intermediate term trend has been UP since Nov 10th, 2017 at 1821.01
The short term trend has been UP since Jan 2nd, 2018 at 1922.77
Smart Scan Analysis for NQDM5500T
Based on a pre-defined weighted trend formula for chart analysis, NQDM5500T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1995.18||52wk High Date||2018-01-15|
|52wk Low||1748.97||52wk Low Date||2017-10-27|