Index Trend Analysis Report
Prepared for you on Saturday, November 17, 2018.
NASDAQ DM ASPA FOOD & BEVERAGE NTR INDEX (NASDAQ:NQDMASPA3500N)
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 NQDMASPA3500N
The long term trend has been DOWN since Feb 8th, 2018 at 1643.10
The intermediate term trend has been UP since Nov 8th, 2018 at 1572.99
The short term trend has been UP since Nov 15th, 2018 at 1559.97
Smart Scan Analysis for NQDMASPA3500N
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA3500N scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1809.52||52wk High Date||2018-01-29|
|52wk Low||1498.86||52wk Low Date||2018-10-30|