Index Trend Analysis Report
Prepared for you on Tuesday, April 24, 2018.
NASDAQ N AMERICA INDUSTRIES INDEX (NASDAQ:NQNA2000)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for NQNA2000
The long term trend has been UP since Nov 9th, 2016 at 1605.07
The intermediate term trend has been UP since Apr 16th, 2018 at 2033.55
The short term trend has been DOWN since Apr 23rd, 2018 at 2041.47
Smart Scan Analysis for NQNA2000
Based on a pre-defined weighted trend formula for chart analysis, NQNA2000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2189.2||52wk High Date||2018-01-29|
|52wk Low||1736.17||52wk Low Date||2017-05-18|