Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
NASDAQ EMERGING TRAVEL & LEISURE NTR IND (NASDAQ:NQEM5700N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQEM5700N
The long term trend has been DOWN since Apr 25th, 2018 at 1269.77
The intermediate term trend has been UP since Nov 2nd, 2018 at 1042.38
The short term trend has been DOWN since Dec 5th, 2018 at 1047.31
Smart Scan Analysis for NQEM5700N
Based on a pre-defined weighted trend formula for chart analysis, NQEM5700N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1383.86||52wk High Date||2018-01-29|
|52wk Low||984.3||52wk Low Date||2018-10-30|