Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ NORTH AMERICA AIR TRANS (NASDAQ:NQNAAT)
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 NQNAAT
The long term trend has been UP since Sep 27th, 2017 at 1099.35
The intermediate term trend has been UP since Jul 16th, 2018 at 1202.32
The short term trend has been DOWN since Sep 24th, 2018 at 1310.17
Smart Scan Analysis for NQNAAT
Based on a pre-defined weighted trend formula for chart analysis, NQNAAT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1332.07||52wk High Date||2018-09-21|
|52wk Low||1083.45||52wk Low Date||2017-11-15|