Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
NASDAQ EMERGING PSNL & HHLD GOODS TRUST IND (NASDAQ:NQEM3700T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQEM3700T
The long term trend has been UP since Jan 25th, 2017 at 1085.74
The intermediate term trend has been DOWN since Nov 30th, 2017 at 1354.81
The short term trend has been DOWN since Dec 14th, 2017 at 1335.38
Smart Scan Analysis for NQEM3700T
Based on a pre-defined weighted trend formula for chart analysis, NQEM3700T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1389.51||52wk High Date||2017-11-09|
|52wk Low||970.67||52wk Low Date||2016-12-23|