Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ LAT AMERICA SM-CAP TRUST INDEX (NASDAQ:NQLASCT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQLASCT
The long term trend has been DOWN since May 3rd, 2018 at 696.65
The intermediate term trend has been DOWN since Aug 10th, 2018 at 639.24
The short term trend has been UP since Sep 13th, 2018 at 612.35
Smart Scan Analysis for NQLASCT
Based on a pre-defined weighted trend formula for chart analysis, NQLASCT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||764.61||52wk High Date||2018-02-01|
|52wk Low||589.71||52wk Low Date||2018-06-07|