Index Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
NASDAQ EM MEA SM-CAP INDEX (NASDAQ:NQEMMEASC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQEMMEASC
The long term trend has been UP since Dec 18th, 2017 at 940.88
The intermediate term trend has been DOWN since Mar 16th, 2018 at 1042.46
The short term trend has been UP since Apr 18th, 2018 at 1051.34
Smart Scan Analysis for NQEMMEASC
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEASC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1097||52wk High Date||2018-02-26|
|52wk Low||847.58||52wk Low Date||2017-11-16|