Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
NASDAQ GLOBAL FINANCIAL SERVICES INDEX (NASDAQ:NQG8700)
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 NQG8700
The long term trend has been DOWN since Jun 28th, 2018 at 2007.72
The intermediate term trend has been DOWN since Sep 10th, 2018 at 2047.95
The short term trend has been UP since Sep 12th, 2018 at 2060.33
Smart Scan Analysis for NQG8700
Based on a pre-defined weighted trend formula for chart analysis, NQG8700 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2195.21||52wk High Date||2018-01-29|
|52wk Low||1842.7||52wk Low Date||2017-09-27|