Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
NASDAQ HONG KONG UTIL TRUST INDEX (NASDAQ:NQHK7000T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQHK7000T
The long term trend has been DOWN since Nov 20th, 2017 at 1282.64
The intermediate term trend has been DOWN since Jan 14th, 2018 at 1298.56
The short term trend has been UP since Jan 16th, 2018 at 1302.29
Smart Scan Analysis for NQHK7000T
Based on a pre-defined weighted trend formula for chart analysis, NQHK7000T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1336.03||52wk High Date||2017-08-07|
|52wk Low||1160.97||52wk Low Date||2017-01-23|