Index Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
NASDAQ INDONESIA BASIC MATLS NTR INDEX (NASDAQ:NQID1000N)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQID1000N
The long term trend has been UP since Jan 4th, 2018 at 625.85
The intermediate term trend has been DOWN since Mar 6th, 2018 at 748.44
The short term trend has been DOWN since Mar 14th, 2018 at 705.30
Smart Scan Analysis for NQID1000N
Based on a pre-defined weighted trend formula for chart analysis, NQID1000N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||860.74||52wk High Date||2018-01-29|
|52wk Low||516||52wk Low Date||2017-05-15|