Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ THAILAND MID-CAP TRUST INDEX (NASDAQ:NQTHMCT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQTHMCT
The long term trend has been DOWN since May 8th, 2018 at 1518.08
The intermediate term trend has been UP since Jul 22nd, 2018 at 1372.72
The short term trend has been UP since Sep 13th, 2018 at 1444.59
Smart Scan Analysis for NQTHMCT
Based on a pre-defined weighted trend formula for chart analysis, NQTHMCT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1652.66||52wk High Date||2018-01-25|
|52wk Low||1320.18||52wk Low Date||2018-07-06|