Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
NASDAQ DM ASPA FOOD & BEVERAGE TRUST INDEX (NASDAQ:NQDMASPA3500T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQDMASPA3500T
The long term trend has been UP since Mar 15th, 2017 at 1474.14
The intermediate term trend has been DOWN since Jun 25th, 2017 at 1638.61
The short term trend has been DOWN since Jun 15th, 2017 at 1672.28
Smart Scan Analysis for NQDMASPA3500T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA3500T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2553.3||52wk High Date||2017-06-05|
|52wk Low||1339.7||52wk Low Date||2016-12-07|