Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
NASDAQ DM ASPA NTR INDEX (NASDAQ:NQDMASPAN)
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 NQDMASPAN
The long term trend has been UP since Apr 14th, 2016 at 1221.42
The intermediate term trend has been UP since Sep 8th, 2017 at 1493.14
The short term trend has been DOWN since Jan 18th, 2018 at 1692.72
Smart Scan Analysis for NQDMASPAN
Based on a pre-defined weighted trend formula for chart analysis, NQDMASPAN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1704.54||52wk High Date||2018-01-16|
|52wk Low||1314.52||52wk Low Date||2017-01-23|