Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NASDAQ JAPAN SM-CAP TRUST INDEX (NASDAQ:NQJPSCT)
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 NQJPSCT
The long term trend has been UP since Apr 13th, 2016 at 1525.45
The intermediate term trend has been UP since Apr 9th, 2018 at 2253.45
The short term trend has been DOWN since May 15th, 2018 at 2294.56
Smart Scan Analysis for NQJPSCT
Based on a pre-defined weighted trend formula for chart analysis, NQJPSCT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2368.72||52wk High Date||2018-01-29|
|52wk Low||1883.85||52wk Low Date||2017-05-26|