Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ INDIA LG-CAP TRUST INDEX (NASDAQ:NQINLCT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQINLCT
The long term trend has been DOWN since Sep 21st, 2018 at 1555.02
The intermediate term trend has been UP since Nov 2nd, 2018 at 1469.07
The short term trend has been UP since Nov 13th, 2018 at 1487.05
Smart Scan Analysis for NQINLCT
Based on a pre-defined weighted trend formula for chart analysis, NQINLCT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1754.76||52wk High Date||2018-01-29|
|52wk Low||1381.74||52wk Low Date||2018-10-26|