Index Trend Analysis Report
Prepared for you on Thursday, November 15, 2018.
NASDAQ INDIA OIL & GAS TRUST INDEX (NASDAQ:NQIN0001T)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 NQIN0001T
The long term trend has been DOWN since Oct 5th, 2018 at 1689.07
The intermediate term trend has been UP since Nov 13th, 2018 at 1765.61
The short term trend has been UP since Nov 13th, 2018 at 1743.82
Smart Scan Analysis for NQIN0001T
Based on a pre-defined weighted trend formula for chart analysis, NQIN0001T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2115.63||52wk High Date||2018-08-29|
|52wk Low||1579.76||52wk Low Date||2018-10-08|