Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
NASDAQ ITALY TECH TRUST INDEX (NASDAQ:NQIT9000T)
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 NQIT9000T
The long term trend has been UP since May 15th, 2018 at 4564.05
The intermediate term trend has been UP since May 7th, 2018 at 4284.92
The short term trend has been DOWN since May 16th, 2018 at 4388.09
Smart Scan Analysis for NQIT9000T
Based on a pre-defined weighted trend formula for chart analysis, NQIT9000T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4633.33||52wk High Date||2018-01-19|
|52wk Low||2709.44||52wk Low Date||2017-06-28|