Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ SINGAPORE TECH INDEX (NASDAQ:NQSG9000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQSG9000
The long term trend has been DOWN since Jun 19th, 2018 at 369.91
The intermediate term trend has been DOWN since Aug 3rd, 2018 at 349.19
The short term trend has been UP since Sep 18th, 2018 at 290.55
Smart Scan Analysis for NQSG9000
Based on a pre-defined weighted trend formula for chart analysis, NQSG9000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||406.57||52wk High Date||2018-01-25|
|52wk Low||272.54||52wk Low Date||2018-09-12|