Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
NASDAQ GLOBAL LG-CAP TRUST INDEX (NASDAQ:NQGLCIT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQGLCIT
The long term trend has been UP since Dec 7th, 2016 at 1407.49
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1816.25
The short term trend has been UP since Feb 23rd, 2018 at 1785.31
Smart Scan Analysis for NQGLCIT
Based on a pre-defined weighted trend formula for chart analysis, NQGLCIT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1879.51||52wk High Date||2018-01-29|
|52wk Low||1482.71||52wk Low Date||2017-03-09|