Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NASDAQ INDONESIA BASIC MATLS TRUST INDEX (NASDAQ:NQID1000T)
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 NQID1000T
The long term trend has been DOWN since May 2nd, 2018 at 673.96
The intermediate term trend has been UP since May 21st, 2018 at 740.08
The short term trend has been DOWN since May 23rd, 2018 at 721.26
Smart Scan Analysis for NQID1000T
Based on a pre-defined weighted trend formula for chart analysis, NQID1000T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||888.96||52wk High Date||2018-01-29|
|52wk Low||539.59||52wk Low Date||2017-09-28|