Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

NASDAQ MALAYSIA INDUSTRIES INDEX (NASDAQ:NQMY2000)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_NQMY2000
Open High Low NQMY2000 Price Change
857.16 0.00 855.15 855.72 -2.32
Entry Signal

MarketClub’s Trade Triangles for NQMY2000

long term down The long term trend has been DOWN since Nov 29th, 2017 at 831.04

intermediate term down The intermediate term trend has been DOWN since Nov 29th, 2017 at 850.09

short term up The short term trend has been UP since Dec 17th, 2017 at 862.05

Smart Scan Analysis for NQMY2000

Based on a pre-defined weighted trend formula for chart analysis, NQMY2000 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQMY2000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
857.16 0.00 855.15 855.72 -2.32
Prev. Close Volume Bid Ask Time
858.04 0 2017-12-18 03:21:00
52wk High878.7752wk High Date2017-09-18
52wk Low700.8652wk Low Date2016-12-26
Want to analyze NASDAQ MALAYSIA INDUSTRIES INDEX NQMY2000 or another symbol? Try our Free Index Trend Analysis Report.