Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

NASDAQ DM ASPA BASIC MATLS INDEX (NASDAQ:NQDMASPA1000)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_NQDMASPA1000
Open High Low NQDMASPA1000 Price Change
991.04 0.00 987.38 988.17 -4.17
Entry Signal

MarketClub’s Trade Triangles for NQDMASPA1000

long term down The long term trend has been DOWN since Mar 22nd, 2018 at 1130.07

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 1037.02

short term up The short term trend has been UP since Nov 15th, 2018 at 992.49

Smart Scan Analysis for NQDMASPA1000

Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA1000 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQDMASPA1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
991.04 0.00 987.38 988.17 -4.17
Prev. Close Volume Bid Ask Time
992.34 0 2018-11-16 04:17:00
52wk High1286.3252wk High Date2018-01-29
52wk Low942.3552wk Low Date2018-10-26
Want to analyze NASDAQ DM ASPA BASIC MATLS INDEX NQDMASPA1000 or another symbol? Try our Free Index Trend Analysis Report.