Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NASDAQ GLOBAL MEDIA NTR INDEX (NASDAQ:NQG5500N)
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 NQG5500N
The long term trend has been DOWN since Mar 22nd, 2018 at 1826.23
The intermediate term trend has been UP since May 14th, 2018 at 1824.83
The short term trend has been DOWN since May 23rd, 2018 at 1815.80
Smart Scan Analysis for NQG5500N
Based on a pre-defined weighted trend formula for chart analysis, NQG5500N scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2047.7||52wk High Date||2018-01-29|
|52wk Low||1743.03||52wk Low Date||2018-05-03|