Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
NASDAQ GLOBAL FINANCIAL SERVICES TRUST INDEX (NASDAQ:NQG8700T)
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 NQG8700T
The long term trend has been UP since Aug 5th, 2016 at 1568.25
The intermediate term trend has been DOWN since Aug 13th, 2018 at 2283.47
The short term trend has been UP since Aug 16th, 2018 at 2299.11
Smart Scan Analysis for NQG8700T
Based on a pre-defined weighted trend formula for chart analysis, NQG8700T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2438.54||52wk High Date||2018-01-29|
|52wk Low||1983.08||52wk Low Date||2017-08-21|