Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

NASDAQ MEA CONSTRUCTION & MATLS NTR INDEX (NASDAQ:NQMEA2300N)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_NQMEA2300N
Open High Low NQMEA2300N Price Change
476.13 481.22 476.07 476.65 +0.14
Entry Signal

MarketClub’s Trade Triangles for NQMEA2300N

long term down The long term trend has been DOWN since May 18th, 2018 at 586.20

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 504.93

short term up The short term trend has been UP since Sep 19th, 2018 at 478.50

Smart Scan Analysis for NQMEA2300N

Based on a pre-defined weighted trend formula for chart analysis, NQMEA2300N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQMEA2300N
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
476.13 481.22 476.07 476.65 +0.14
Prev. Close Volume Bid Ask Time
476.51 0 2018-09-19 07:04:00
52wk High660.1452wk High Date2018-02-16
52wk Low469.1252wk Low Date2018-09-10
Want to analyze NASDAQ MEA CONSTRUCTION & MATLS NTR INDEX NQMEA2300N or another symbol? Try our Free Index Trend Analysis Report.