Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ US MULTI-ASSET REIT INDEX (NASDAQ:NQMAREIT)
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 NQMAREIT
The long term trend has been DOWN since Oct 3rd, 2018 at 975.32
The intermediate term trend has been UP since Nov 5th, 2018 at 971.13
The short term trend has been DOWN since Nov 14th, 2018 at 982.29
Smart Scan Analysis for NQMAREIT
Based on a pre-defined weighted trend formula for chart analysis, NQMAREIT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1026.45||52wk High Date||2018-09-06|
|52wk Low||885.67||52wk Low Date||2018-02-09|