Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
NASDAQ DEVELOPED REAL ESTATE INDEX (NASDAQ:NQDM8600)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQDM8600
The long term trend has been UP since Feb 9th, 2017 at 1164.33
The intermediate term trend has been DOWN since Jan 12th, 2018 at 1248.20
The short term trend has been UP since Jan 15th, 2018 at 1252.84
Smart Scan Analysis for NQDM8600
Based on a pre-defined weighted trend formula for chart analysis, NQDM8600 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1277.41||52wk High Date||2017-12-18|
|52wk Low||1138.11||52wk Low Date||2017-01-30|