Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ GLOBAL PSNL & HHLD GOODS INDEX (NASDAQ:NQG3700)
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 NQG3700
The long term trend has been DOWN since Feb 6th, 2018 at 1602.47
The intermediate term trend has been UP since Mar 13th, 2018 at 1628.34
The short term trend has been DOWN since Mar 15th, 2018 at 1618.34
Smart Scan Analysis for NQG3700
Based on a pre-defined weighted trend formula for chart analysis, NQG3700 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1707.86||52wk High Date||2018-01-24|
|52wk Low||1457.73||52wk Low Date||2017-04-06|