Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
NASDAQ JAPAN BASIC MATLS NTR INDEX (NASDAQ:NQJP1000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQJP1000N
The long term trend has been DOWN since Feb 5th, 2018 at 1874.15
The intermediate term trend has been DOWN since Feb 1st, 2018 at 2016.67
The short term trend has been UP since Feb 14th, 2018 at 1871.89
Smart Scan Analysis for NQJP1000N
Based on a pre-defined weighted trend formula for chart analysis, NQJP1000N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2088.95||52wk High Date||2018-01-29|
|52wk Low||1520.82||52wk Low Date||2017-04-13|