Index Trend Analysis Report
Prepared for you on Friday, May 25, 2018.
NASDAQ DEVELOPED FINANCIALS NTR INDEX (NASDAQ:NQDM8000N)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.
MarketClub’s Trade Triangles for NQDM8000N
The long term trend has been UP since Aug 9th, 2016 at 1338.60
The intermediate term trend has been UP since May 10th, 2018 at 1804.79
The short term trend has been DOWN since May 23rd, 2018 at 1792.57
Smart Scan Analysis for NQDM8000N
Based on a pre-defined weighted trend formula for chart analysis, NQDM8000N scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1915.9||52wk High Date||2018-01-24|
|52wk Low||1560.12||52wk Low Date||2017-05-31|