Index Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
NASDAQ SOUTH AFRICA TELECOM INDEX (NASDAQ:NQZA6000)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQZA6000
The long term trend has been DOWN since Apr 4th, 2018 at 612.03
The intermediate term trend has been DOWN since Aug 10th, 2018 at 472.98
The short term trend has been UP since Sep 18th, 2018 at 335.75
Smart Scan Analysis for NQZA6000
Based on a pre-defined weighted trend formula for chart analysis, NQZA6000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||705.19||52wk High Date||2018-02-26|
|52wk Low||310.63||52wk Low Date||2018-09-05|