Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ GLOBAL MARKET NTR INDEX (NASDAQ:NQGIN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQGIN
The long term trend has been UP since Dec 8th, 2016 at 1394.03
The intermediate term trend has been DOWN since Jun 25th, 2018 at 1722.31
The short term trend has been UP since Jun 29th, 2018 at 1717.90
Smart Scan Analysis for NQGIN
Based on a pre-defined weighted trend formula for chart analysis, NQGIN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1843.95||52wk High Date||2018-01-29|
|52wk Low||1565.76||52wk Low Date||2017-08-21|