Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NASDAQ INDIA OIL & GAS NTR INDEX (NASDAQ:NQIN0001N)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 NQIN0001N
The long term trend has been UP since Jul 12th, 2018 at 1841.29
The intermediate term trend has been DOWN since Sep 5th, 2018 at 1964.21
The short term trend has been DOWN since Sep 17th, 2018 at 1958.57
Smart Scan Analysis for NQIN0001N
Based on a pre-defined weighted trend formula for chart analysis, NQIN0001N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2115.63||52wk High Date||2018-08-29|
|52wk Low||1634.07||52wk Low Date||2017-09-28|