Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ ITALY MID-CAP TRUST INDEX (NASDAQ:NQITMCT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQITMCT
The long term trend has been UP since Sep 20th, 2018 at 1868.43
The intermediate term trend has been UP since Sep 5th, 2018 at 1789.81
The short term trend has been UP since Sep 5th, 2018 at 1774.00
Smart Scan Analysis for NQITMCT
Based on a pre-defined weighted trend formula for chart analysis, NQITMCT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2037||52wk High Date||2018-01-25|
|52wk Low||1656.27||52wk Low Date||2018-05-29|