Index Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
NASDAQ DM ASPA IND GOODS & SERVICES TRUST INDEX (NASDAQ:NQDMASPA2700T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQDMASPA2700T
The long term trend has been UP since Apr 13th, 2016 at 1267.62
The intermediate term trend has been DOWN since Feb 4th, 2018 at 1935.78
The short term trend has been UP since Mar 15th, 2018 at 1864.04
Smart Scan Analysis for NQDMASPA2700T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA2700T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1998.57||52wk High Date||2018-01-24|
|52wk Low||1457.57||52wk Low Date||2017-04-14|