Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ THAILAND MID-CAP NTR INDEX (NASDAQ:NQTHMCN)
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 NQTHMCN
The long term trend has been UP since Dec 7th, 2016 at 1276.51
The intermediate term trend has been DOWN since Mar 7th, 2018 at 1545.72
The short term trend has been DOWN since Mar 16th, 2018 at 1572.21
Smart Scan Analysis for NQTHMCN
Based on a pre-defined weighted trend formula for chart analysis, NQTHMCN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1626.03||52wk High Date||2018-01-25|
|52wk Low||1254.34||52wk Low Date||2017-03-22|