Index Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
NASDAQ NORWAY INDUSTRIES NTR INDEX (NASDAQ:NQNO2000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQNO2000N
The long term trend has been UP since Jan 5th, 2018 at 844.68
The intermediate term trend has been DOWN since May 1st, 2018 at 881.83
The short term trend has been UP since May 22nd, 2018 at 865.05
Smart Scan Analysis for NQNO2000N
Based on a pre-defined weighted trend formula for chart analysis, NQNO2000N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||939.78||52wk High Date||2018-04-19|
|52wk Low||752.23||52wk Low Date||2017-06-22|