Index Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
NASDAQ DEVELOPED REAL ESTATE INDEX (NASDAQ:NQDM8600)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for NQDM8600
The long term trend has been UP since Feb 9th, 2017 at 1164.33
The intermediate term trend has been DOWN since Jun 30th, 2017 at 1212.52
The short term trend has been DOWN since Jul 24th, 2017 at 1223.99
Smart Scan Analysis for NQDM8600
Based on a pre-defined weighted trend formula for chart analysis, NQDM8600 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1257.64||52wk High Date||2016-07-29|
|52wk Low||1090.11||52wk Low Date||2016-11-14|