Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
NASDAQ HONG KONG CONSUMER GOODS INDEX (NASDAQ:NQHK3000)
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 NQHK3000
The long term trend has been UP since Mar 16th, 2017 at 1064.63
The intermediate term trend has been UP since Dec 7th, 2017 at 1247.96
The short term trend has been DOWN since Dec 12th, 2017 at 1248.97
Smart Scan Analysis for NQHK3000
Based on a pre-defined weighted trend formula for chart analysis, NQHK3000 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1275.25||52wk High Date||2017-12-12|
|52wk Low||999.02||52wk Low Date||2016-12-29|