Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NASDAQ DM EX US TELECOM INDEX (NASDAQ:NQDMXUS6000)
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 NQDMXUS6000
The long term trend has been DOWN since Feb 5th, 2018 at 940.43
The intermediate term trend has been UP since Sep 18th, 2018 at 890.30
The short term trend has been UP since Sep 10th, 2018 at 862.18
Smart Scan Analysis for NQDMXUS6000
Based on a pre-defined weighted trend formula for chart analysis, NQDMXUS6000 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||987.53||52wk High Date||2018-01-25|
|52wk Low||842.96||52wk Low Date||2018-07-02|