Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NASDAQ HONG KONG TRUST INDEX (NASDAQ:NQHKT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DOWN since Jun 19th, 2018 at 1498.61
The intermediate term trend has been DOWN since Dec 4th, 2018 at 1313.44
The short term trend has been DOWN since Dec 4th, 2018 at 1369.70
Smart Scan Analysis for NQHKT
Based on a pre-defined weighted trend formula for chart analysis, NQHKT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1618.9||52wk High Date||2018-01-29|
|52wk Low||1268.71||52wk Low Date||2018-10-30|