Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NASDAQ JAPAN UTIL NTR INDEX (NASDAQ:NQJP7000N)
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 NQJP7000N
The long term trend has been DOWN since Aug 8th, 2018 at 1282.87
The intermediate term trend has been DOWN since Oct 14th, 2018 at 1307.73
The short term trend has been UP since Oct 16th, 2018 at 1315.70
Smart Scan Analysis for NQJP7000N
Based on a pre-defined weighted trend formula for chart analysis, NQJP7000N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1406.38||52wk High Date||2018-05-08|
|52wk Low||1135.32||52wk Low Date||2017-12-25|