Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
NASDAQ MEA SM-CAP NTR INDEX (NASDAQ:NQMEASCN)
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.
MarketClub’s Trade Triangles for NQMEASCN
The long term trend has been UP since Sep 8th, 2017 at 1347.97
The intermediate term trend has been DOWN since Oct 27th, 2017 at 1313.85
The short term trend has been UP since Nov 17th, 2017 at 1313.36
Smart Scan Analysis for NQMEASCN
Based on a pre-defined weighted trend formula for chart analysis, NQMEASCN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1374.71||52wk High Date||2017-10-16|
|52wk Low||1110.08||52wk Low Date||2016-11-24|