Index Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
NASDAQ INDIA BASIC MATLS NTR INDEX (NASDAQ:NQIN1000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQIN1000N
The long term trend has been DOWN since Mar 23rd, 2018 at 1335.97
The intermediate term trend has been UP since Apr 6th, 2018 at 1425.45
The short term trend has been DOWN since Apr 17th, 2018 at 1450.75
Smart Scan Analysis for NQIN1000N
Based on a pre-defined weighted trend formula for chart analysis, NQIN1000N scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1604.44||52wk High Date||2018-01-15|
|52wk Low||1084.91||52wk Low Date||2017-04-19|