Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
NASDAQ EMERGING AUTO & PARTS NTR INDEX (NASDAQ:NQEM3300N)
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 NQEM3300N
The long term trend has been UP since Feb 3rd, 2017 at 1149.48
The intermediate term trend has been DOWN since Jan 17th, 2018 at 1611.31
The short term trend has been UP since Jan 19th, 2018 at 1619.87
Smart Scan Analysis for NQEM3300N
Based on a pre-defined weighted trend formula for chart analysis, NQEM3300N scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1682.41||52wk High Date||2018-01-03|
|52wk Low||1112.2||52wk Low Date||2017-01-23|