Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
NASDAQ DEVELOPED REAL ESTATE INDEX (NASDAQ:NQDM8600)
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 NQDM8600
The long term trend has been UP since Feb 9th, 2017 at 1164.33
The intermediate term trend has been UP since May 23rd, 2017 at 1203.36
The short term trend has been UP since May 19th, 2017 at 1195.85
Smart Scan Analysis for NQDM8600
Based on a pre-defined weighted trend formula for chart analysis, NQDM8600 scored +90 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|