Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
NASDAQ JAPAN MID-CAP INDEX (NASDAQ:NQJPMC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQJPMC
The long term trend has been UP since Apr 19th, 2016 at 1419.00
The intermediate term trend has been UP since Apr 9th, 2018 at 1815.59
The short term trend has been DOWN since May 22nd, 2018 at 1832.91
Smart Scan Analysis for NQJPMC
Based on a pre-defined weighted trend formula for chart analysis, NQJPMC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1943.35||52wk High Date||2018-01-24|
|52wk Low||1564||52wk Low Date||2017-07-07|