Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
NASDAQ DM ASPA FINANCIALS INDEX (NASDAQ:NQDMASPA8000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQDMASPA8000
The long term trend has been DOWN since Apr 2nd, 2018 at 1212.03
The intermediate term trend has been DOWN since Aug 12th, 2018 at 1170.30
The short term trend has been UP since Aug 16th, 2018 at 1162.48
Smart Scan Analysis for NQDMASPA8000
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPA8000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1346.24||52wk High Date||2018-01-24|
|52wk Low||1149.86||52wk Low Date||2018-08-15|