Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ N AMERICA FOOD & BEVERAGE NTR IND (NASDAQ:NQNA3500N)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 NQNA3500N
The long term trend has been UP since Jul 5th, 2018 at 1699.54
The intermediate term trend has been DOWN since Aug 28th, 2018 at 1709.97
The short term trend has been DOWN since Sep 18th, 2018 at 1739.79
Smart Scan Analysis for NQNA3500N
Based on a pre-defined weighted trend formula for chart analysis, NQNA3500N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1840.15||52wk High Date||2018-01-29|
|52wk Low||1564.1||52wk Low Date||2018-05-03|