Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
NASDAQ DM EX US HEALTH CARE INDEX (NASDAQ:NQDMXUS4000)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQDMXUS4000
The long term trend has been UP since Sep 8th, 2017 at 959.76
The intermediate term trend has been DOWN since Aug 13th, 2018 at 1010.13
The short term trend has been DOWN since Aug 9th, 2018 at 1023.21
Smart Scan Analysis for NQDMXUS4000
Based on a pre-defined weighted trend formula for chart analysis, NQDMXUS4000 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1429.52||52wk High Date||2017-11-30|
|52wk Low||916.08||52wk Low Date||2017-08-21|