Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

NASDAQ MALAYSIA BASIC MATLS INDEX (NASDAQ:NQMY1000)

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.

NASDAQ_NQMY1000
Open High Low NQMY1000 Price Change
1611.74 1621.32 1608.56 1620.45 +12.49
Entry Signal

MarketClub’s Trade Triangles for NQMY1000

long term down The long term trend has been DOWN since Apr 4th, 2018 at 1631.27

intermediate term up The intermediate term trend has been UP since Jul 16th, 2018 at 1602.01

short term up The short term trend has been UP since Jul 12th, 2018 at 1590.09

Smart Scan Analysis for NQMY1000

Based on a pre-defined weighted trend formula for chart analysis, NQMY1000 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for NQMY1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1611.74 1621.32 1608.56 1620.45 +12.49
Prev. Close Volume Bid Ask Time
1603.89 0 2018-07-18 21:13:00
52wk High1792.9652wk High Date2018-01-30
52wk Low1149.9852wk Low Date2017-07-21
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