Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
NASDAQ MEA SM-CAP INDEX (NASDAQ:NQMEASC)
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 NQMEASC
The long term trend has been UP since Jun 4th, 2018 at 1343.80
The intermediate term trend has been DOWN since Aug 2nd, 2018 at 1365.95
The short term trend has been UP since Sep 11th, 2018 at 1301.81
Smart Scan Analysis for NQMEASC
Based on a pre-defined weighted trend formula for chart analysis, NQMEASC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1474.83||52wk High Date||2018-06-04|
|52wk Low||1147.32||52wk Low Date||2017-11-13|