Index Trend Analysis Report
Prepared for you on Saturday, November 17, 2018.
NASDAQ JAPAN CONSUMER SERVICES TRUST INDEX (NASDAQ:NQJP5000T)
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 NQJP5000T
The long term trend has been DOWN since Jul 2nd, 2018 at 1785.81
The intermediate term trend has been UP since Nov 8th, 2018 at 1780.13
The short term trend has been UP since Nov 15th, 2018 at 1759.27
Smart Scan Analysis for NQJP5000T
Based on a pre-defined weighted trend formula for chart analysis, NQJP5000T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1917.76||52wk High Date||2018-06-13|
|52wk Low||1663.01||52wk Low Date||2017-11-17|