Index Trend Analysis Report
Prepared for you on Monday, December 18, 2017.
NASDAQ EMERGING SM-CAP NTR INDEX (NASDAQ:NQEMSCN)
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 NQEMSCN
The long term trend has been UP since Jan 24th, 2017 at 1147.07
The intermediate term trend has been DOWN since Nov 10th, 2017 at 1392.49
The short term trend has been UP since Dec 11th, 2017 at 1368.47
Smart Scan Analysis for NQEMSCN
Based on a pre-defined weighted trend formula for chart analysis, NQEMSCN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1416.66||52wk High Date||2017-10-16|
|52wk Low||1070.45||52wk Low Date||2016-12-27|