Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
NASDAQ GLOBAL TELECOM TRUST INDEX (NASDAQ:NQG6000T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQG6000T
The long term trend has been DOWN since Mar 23rd, 2018 at 1321.94
The intermediate term trend has been UP since Jun 11th, 2018 at 1317.68
The short term trend has been DOWN since Jun 13th, 2018 at 1305.62
Smart Scan Analysis for NQG6000T
Based on a pre-defined weighted trend formula for chart analysis, NQG6000T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1449.83||52wk High Date||2018-01-29|
|52wk Low||1281.98||52wk Low Date||2018-05-31|