Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
NASDAQ SINGAPORE MID-CAP TRUST INDEX (NASDAQ:NQSGMCT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQSGMCT
The long term trend has been DOWN since Mar 4th, 2018 at 1139.43
The intermediate term trend has been DOWN since Oct 10th, 2018 at 989.90
The short term trend has been DOWN since Nov 5th, 2018 at 964.16
Smart Scan Analysis for NQSGMCT
Based on a pre-defined weighted trend formula for chart analysis, NQSGMCT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1274.82||52wk High Date||2018-01-29|
|52wk Low||934.35||52wk Low Date||2018-10-26|