Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NASDAQ DM MEA CHEMICALS NTR INDEX (NASDAQ:NQDMMEA1300N)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQDMMEA1300N
The long term trend has been UP since Dec 29th, 2017 at 859.31
The intermediate term trend has been UP since Apr 12th, 2018 at 938.24
The short term trend has been UP since May 17th, 2018 at 941.37
Smart Scan Analysis for NQDMMEA1300N
Based on a pre-defined weighted trend formula for chart analysis, NQDMMEA1300N scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||970.68||52wk High Date||2018-05-22|
|52wk Low||728.68||52wk Low Date||2017-06-01|