Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
NASDAQ EMERGING AUTO & PARTS NTR INDEX (NASDAQ:NQEM3300N)
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 NQEM3300N
The long term trend has been UP since Feb 3rd, 2017 at 1149.48
The intermediate term trend has been UP since Nov 13th, 2017 at 1589.39
The short term trend has been UP since Nov 17th, 2017 at 1604.50
Smart Scan Analysis for NQEM3300N
Based on a pre-defined weighted trend formula for chart analysis, NQEM3300N scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1612.17||52wk High Date||2017-10-13|
|52wk Low||1022.64||52wk Low Date||2016-12-26|