Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
NASDAQ HONG KONG HEALTH CARE INDEX (NASDAQ:NQHK4000)
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 NQHK4000
The long term trend has been UP since Oct 4th, 2016 at 1338.91
The intermediate term trend has been UP since Feb 25th, 2018 at 2840.86
The short term trend has been DOWN since Apr 13th, 2018 at 3216.23
Smart Scan Analysis for NQHK4000
Based on a pre-defined weighted trend formula for chart analysis, NQHK4000 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3355.39||52wk High Date||2018-04-10|
|52wk Low||1416.64||52wk Low Date||2017-04-20|