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Index Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

NASDAQ MEA FOOD & BEVERAGE NTR INDEX (NASDAQ:NQMEA3500N)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_NQMEA3500N
Open High Low NQMEA3500N Price Change
1552.00 1568.95 1541.96 1551.51 -4.60
Entry Signal

MarketClub’s Trade Triangles for NQMEA3500N

long term down The long term trend has been DOWN since Oct 5th, 2018 at 1560.22

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 1608.12

short term down The short term trend has been DOWN since Oct 18th, 2018 at 1554.03

Smart Scan Analysis for NQMEA3500N

Based on a pre-defined weighted trend formula for chart analysis, NQMEA3500N scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQMEA3500N
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1552.00 1568.95 1541.96 1551.51 -4.60
Prev. Close Volume Bid Ask Time
1552.79 0 2018-10-19 11:44:00
52wk High2087.6552wk High Date2018-07-16
52wk Low989.9252wk Low Date2017-10-26
Want to analyze NASDAQ MEA FOOD & BEVERAGE NTR INDEX NQMEA3500N or another symbol? Try our Free Index Trend Analysis Report.