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Index Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
538.09 540.48 531.40 535.83 +0.20
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 May 18th, 2018 at 590.31

short term down The short term trend has been DOWN since Jun 15th, 2018 at 554.32

Smart Scan Analysis for NQMEA2300N

Based on a pre-defined weighted trend formula for chart analysis, NQMEA2300N scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQMEA2300N
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
538.09 540.48 531.40 535.83 +0.20
Prev. Close Volume Bid Ask Time
535.52 0 2018-06-22 11:44:00
52wk High660.1452wk High Date2018-02-16
52wk Low502.352wk Low Date2017-12-14
Want to analyze NASDAQ MEA CONSTRUCTION & MATLS NTR INDEX NQMEA2300N or another symbol? Try our Free Index Trend Analysis Report.