Index Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
NASDAQ HONG KONG UTIL TRUST INDEX (NASDAQ:NQHK7000T)
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 NQHK7000T
The long term trend has been UP since Mar 16th, 2018 at 1336.45
The intermediate term trend has been UP since Mar 11th, 2018 at 1318.85
The short term trend has been DOWN since Apr 22nd, 2018 at 1322.51
Smart Scan Analysis for NQHK7000T
Based on a pre-defined weighted trend formula for chart analysis, NQHK7000T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1365.41||52wk High Date||2018-03-22|
|52wk Low||1214.55||52wk Low Date||2017-04-20|