Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
NASDAQ GLOBAL PSNL & HHLD GOODS NTR INDE (NASDAQ:NQG3700N)
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 NQG3700N
The long term trend has been DOWN since Feb 6th, 2018 at 1759.77
The intermediate term trend has been DOWN since Aug 13th, 2018 at 1732.43
The short term trend has been UP since Aug 17th, 2018 at 1731.87
Smart Scan Analysis for NQG3700N
Based on a pre-defined weighted trend formula for chart analysis, NQG3700N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1880.12||52wk High Date||2018-01-24|
|52wk Low||1696.18||52wk Low Date||2017-08-21|