Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
NASDAQ DM ASPA MEDIA TRUST INDEX (NASDAQ:NQDMASPA5500T)
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 NQDMASPA5500T
The long term trend has been DOWN since Jul 12th, 2018 at 1541.81
The intermediate term trend has been UP since Aug 7th, 2018 at 1552.51
The short term trend has been UP since Aug 14th, 2018 at 1560.21
Smart Scan Analysis for NQDMASPA5500T
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA5500T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1643.58||52wk High Date||2018-06-13|
|52wk Low||1431.55||52wk Low Date||2017-09-06|