Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
NASDAQ RUSSIA LG-CAP INDEX (NASDAQ:NQRULC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQRULC
The long term trend has been UP since Sep 19th, 2018 at 896.17
The intermediate term trend has been DOWN since Nov 14th, 2018 at 869.52
The short term trend has been UP since Nov 29th, 2018 at 890.19
Smart Scan Analysis for NQRULC
Based on a pre-defined weighted trend formula for chart analysis, NQRULC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||956.02||52wk High Date||2018-10-03|
|52wk Low||772.61||52wk Low Date||2017-11-30|