Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
NASDAQ INDONESIA BASIC MATLS NTR INDEX (NASDAQ:NQID1000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since May 2nd, 2018 at 649.41
The intermediate term trend has been UP since May 21st, 2018 at 711.22
The short term trend has been DOWN since Jun 8th, 2018 at 750.60
Smart Scan Analysis for NQID1000N
Based on a pre-defined weighted trend formula for chart analysis, NQID1000N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||860.74||52wk High Date||2018-01-29|
|52wk Low||524.3||52wk Low Date||2017-09-28|