Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ ITALY LG-CAP NTR INDEX (NASDAQ:NQITLCN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQITLCN
The long term trend has been UP since Jan 10th, 2018 at 1239.12
The intermediate term trend has been UP since Mar 12th, 2018 at 1283.09
The short term trend has been DOWN since Mar 22nd, 2018 at 1268.95
Smart Scan Analysis for NQITLCN
Based on a pre-defined weighted trend formula for chart analysis, NQITLCN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1338.64||52wk High Date||2018-01-25|
|52wk Low||941.28||52wk Low Date||2017-04-18|