Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
NASDAQ ITALY HEALTH CARE NTR INDEX (NASDAQ:NQIT4000N)
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 NQIT4000N
The long term trend has been UP since Feb 2nd, 2017 at 2835.25
The intermediate term trend has been DOWN since Dec 15th, 2017 at 4191.88
The short term trend has been DOWN since Dec 13th, 2017 at 4313.49
Smart Scan Analysis for NQIT4000N
Based on a pre-defined weighted trend formula for chart analysis, NQIT4000N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4489.04||52wk High Date||2017-10-11|
|52wk Low||2521.58||52wk Low Date||2016-12-15|