Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ EMERGING RETAIL TRUST INDEX (NASDAQ:NQEM5300T)
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 NQEM5300T
The long term trend has been DOWN since May 3rd, 2018 at 1296.30
The intermediate term trend has been UP since Nov 5th, 2018 at 1123.31
The short term trend has been DOWN since Dec 6th, 2018 at 1108.32
Smart Scan Analysis for NQEM5300T
Based on a pre-defined weighted trend formula for chart analysis, NQEM5300T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1430.41||52wk High Date||2018-01-26|
|52wk Low||1062.5||52wk Low Date||2018-09-05|