Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NASDAQ JAPAN CONSUMER SERVICES TRUST INDEX (NASDAQ:NQJP5000T)
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 NQJP5000T
The long term trend has been UP since Mar 24th, 2017 at 1530.95
The intermediate term trend has been UP since Mar 29th, 2018 at 1797.26
The short term trend has been DOWN since Apr 20th, 2018 at 1826.92
Smart Scan Analysis for NQJP5000T
Based on a pre-defined weighted trend formula for chart analysis, NQJP5000T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1865.1||52wk High Date||2018-01-29|
|52wk Low||1520.61||52wk Low Date||2017-05-04|