Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ N AMERICA CONSTRUCTION & MATLS TRUST INDEX (NASDAQ:NQNA2300T)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQNA2300T
The long term trend has been DOWN since Feb 9th, 2018 at 1920.55
The intermediate term trend has been UP since Jul 10th, 2018 at 2030.63
The short term trend has been UP since Sep 19th, 2018 at 2041.12
Smart Scan Analysis for NQNA2300T
Based on a pre-defined weighted trend formula for chart analysis, NQNA2300T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2191.59||52wk High Date||2018-01-24|
|52wk Low||1825.38||52wk Low Date||2017-09-19|