Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
NASDAQ ALPHADEX CANADA INDEX (NASDAQ:NQDXCA)
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 NQDXCA
The long term trend has been UP since May 10th, 2018 at 841.46
The intermediate term trend has been DOWN since Jun 19th, 2018 at 822.52
The short term trend has been DOWN since Jun 22nd, 2018 at 815.58
Smart Scan Analysis for NQDXCA
Based on a pre-defined weighted trend formula for chart analysis, NQDXCA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||869.74||52wk High Date||2018-05-22|
|52wk Low||742.68||52wk Low Date||2018-02-09|