Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

NASDAQ MEA BASIC MATLS INDEX (NASDAQ:NQMEA1000)

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.

NASDAQ_NQMEA1000
Open High Low NQMEA1000 Price Change
505.92 509.74 504.24 504.97 -3.83
Entry Signal

MarketClub’s Trade Triangles for NQMEA1000

long term up The long term trend has been UP since Jul 9th, 2018 at 517.21

intermediate term up The intermediate term trend has been UP since Jun 18th, 2018 at 480.17

short term down The short term trend has been DOWN since Jul 12th, 2018 at 512.04

Smart Scan Analysis for NQMEA1000

Based on a pre-defined weighted trend formula for chart analysis, NQMEA1000 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for NQMEA1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
505.92 509.74 504.24 504.97 -3.83
Prev. Close Volume Bid Ask Time
508.8 0 2018-07-18 06:17:00
52wk High584.0652wk High Date2018-01-25
52wk Low457.3752wk Low Date2018-06-15
Want to analyze NASDAQ MEA BASIC MATLS INDEX NQMEA1000 or another symbol? Try our Free Index Trend Analysis Report.