Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NASDAQ DM EUROPE IND GOODS & SERVICES NTR INC (NASDAQ:NQDMEU2700N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQDMEU2700N
The long term trend has been DOWN since Apr 4th, 2018 at 1627.20
The intermediate term trend has been UP since Apr 16th, 2018 at 1695.47
The short term trend has been DOWN since May 23rd, 2018 at 1699.68
Smart Scan Analysis for NQDMEU2700N
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU2700N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1825.18||52wk High Date||2018-01-25|
|52wk Low||1495.68||52wk Low Date||2017-06-15|