Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NASDAQ HONG KONG CONSUMER SERVICES TRUST INDEX (NASDAQ:NQHK5000T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQHK5000T
The long term trend has been UP since Mar 13th, 2016 at 845.23
The intermediate term trend has been UP since Apr 18th, 2018 at 1472.85
The short term trend has been UP since May 20th, 2018 at 1493.57
Smart Scan Analysis for NQHK5000T
Based on a pre-defined weighted trend formula for chart analysis, NQHK5000T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1556.46||52wk High Date||2018-01-23|
|52wk Low||1108.8||52wk Low Date||2017-05-22|