Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
NASDAQ INDONESIA BASIC MATLS TRUST INDEX (NASDAQ:NQID1000T)
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 NQID1000T
The long term trend has been UP since Jul 29th, 2018 at 803.74
The intermediate term trend has been DOWN since Aug 13th, 2018 at 712.24
The short term trend has been DOWN since Aug 9th, 2018 at 769.26
Smart Scan Analysis for NQID1000T
Based on a pre-defined weighted trend formula for chart analysis, NQID1000T scored -60 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|