Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ DEVELOPED TECH TRUST INDEX (NASDAQ:NQDM9000T)
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 NQDM9000T
The long term trend has been UP since Feb 26th, 2018 at 2626.77
The intermediate term trend has been UP since Apr 17th, 2018 at 2580.47
The short term trend has been DOWN since Jun 15th, 2018 at 2738.69
Smart Scan Analysis for NQDM9000T
Based on a pre-defined weighted trend formula for chart analysis, NQDM9000T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2773.13||52wk High Date||2018-06-13|
|52wk Low||2052.71||52wk Low Date||2017-07-06|