Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ LAT AMERICA MID-CAP INDEX (NASDAQ:NQLAMC)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQLAMC
The long term trend has been DOWN since May 3rd, 2018 at 1062.53
The intermediate term trend has been UP since Sep 26th, 2018 at 939.72
The short term trend has been UP since Oct 16th, 2018 at 973.13
Smart Scan Analysis for NQLAMC
Based on a pre-defined weighted trend formula for chart analysis, NQLAMC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1169.86||52wk High Date||2018-01-26|
|52wk Low||879.63||52wk Low Date||2018-09-11|