Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NASDAQ EMERGING PSNL & HHLD GOODS TRUST IND (NASDAQ:NQEM3700T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQEM3700T
The long term trend has been DOWN since Sep 11th, 2018 at 1354.01
The intermediate term trend has been DOWN since Sep 5th, 2018 at 1406.41
The short term trend has been UP since Oct 12th, 2018 at 1249.09
Smart Scan Analysis for NQEM3700T
Based on a pre-defined weighted trend formula for chart analysis, NQEM3700T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1480.21||52wk High Date||2018-08-28|
|52wk Low||1189.39||52wk Low Date||2018-10-11|