Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
NASDAQ NORWAY LG-CAP NTR INDEX (NASDAQ:NQNOLCN)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 NQNOLCN
The long term trend has been UP since May 17th, 2017 at 880.47
The intermediate term trend has been DOWN since Nov 15th, 2017 at 1031.11
The short term trend has been DOWN since Dec 15th, 2017 at 1009.30
Smart Scan Analysis for NQNOLCN
Based on a pre-defined weighted trend formula for chart analysis, NQNOLCN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1068.56||52wk High Date||2017-11-07|
|52wk Low||800.79||52wk Low Date||2016-12-20|