Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NASDAQ US SHAREHOLDER YIELD INDEX (NASDAQ:NQSHYL)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 NQSHYL
The long term trend has been DOWN since Oct 10th, 2018 at 1426.72
The intermediate term trend has been DOWN since Sep 27th, 2018 at 1496.81
The short term trend has been DOWN since Sep 25th, 2018 at 1506.84
Smart Scan Analysis for NQSHYL
Based on a pre-defined weighted trend formula for chart analysis, NQSHYL scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1557.48||52wk High Date||2018-01-29|
|52wk Low||1337.75||52wk Low Date||2017-11-15|