Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
NASDAQ INDIA OIL & GAS NTR INDEX (NASDAQ:NQIN0001N)
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 NQIN0001N
The long term trend has been UP since Apr 19th, 2016 at 1037.54
The intermediate term trend has been DOWN since Jan 16th, 2018 at 1909.90
The short term trend has been DOWN since Jan 16th, 2018 at 1955.60
Smart Scan Analysis for NQIN0001N
Based on a pre-defined weighted trend formula for chart analysis, NQIN0001N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3027.14||52wk High Date||2017-09-07|
|52wk Low||1103.61||52wk Low Date||2017-01-23|