Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
NASDAQ HONG KONG TRUST INDEX (NASDAQ:NQHKT)
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 NQHKT
The long term trend has been UP since Feb 14th, 2017 at 1221.30
The intermediate term trend has been UP since Mar 11th, 2018 at 1574.38
The short term trend has been DOWN since Mar 21st, 2018 at 1559.56
Smart Scan Analysis for NQHKT
Based on a pre-defined weighted trend formula for chart analysis, NQHKT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1618.9||52wk High Date||2018-01-29|
|52wk Low||1248.57||52wk Low Date||2017-04-19|