Index Trend Analysis Report
Prepared for you on Saturday, March 24, 2018.
NASDAQ EMERGING REAL ESTATE INDEX (NASDAQ:NQEM8600)
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 NQEM8600
The long term trend has been UP since Feb 7th, 2017 at 794.52
The intermediate term trend has been DOWN since Mar 23rd, 2018 at 1062.39
The short term trend has been DOWN since Mar 23rd, 2018 at 1079.88
Smart Scan Analysis for NQEM8600
Based on a pre-defined weighted trend formula for chart analysis, NQEM8600 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1186.42||52wk High Date||2018-01-26|
|52wk Low||822.95||52wk Low Date||2017-03-31|