Index Trend Analysis Report
Prepared for you on Monday, May 22, 2017.
NASDAQ DM ASPA FOOD & BEVERAGE TRUST INDEX (NASDAQ:NQDMASPA3500T)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQDMASPA3500T
The long term trend has been UP since Mar 15th, 2017 at 1474.14
The intermediate term trend has been UP since Dec 12th, 2016 at 1401.24
The short term trend has been UP since May 7th, 2017 at 1511.29
Smart Scan Analysis for NQDMASPA3500T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA3500T scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1606.08||52wk High Date||2017-05-18|
|52wk Low||1339.7||52wk Low Date||2016-12-07|