Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ ISRAEL SM-CAP TRUST INDEX (NASDAQ:NQILSCT)
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 NQILSCT
The long term trend has been DOWN since Mar 26th, 2018 at 2090.29
The intermediate term trend has been DOWN since Jun 15th, 2018 at 2027.29
The short term trend has been UP since Jul 5th, 2018 at 1963.54
Smart Scan Analysis for NQILSCT
Based on a pre-defined weighted trend formula for chart analysis, NQILSCT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2321.75||52wk High Date||2018-01-15|
|52wk Low||1893.59||52wk Low Date||2017-08-21|