Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ OMX GLOBAL AGRICULTURE INDEX (NASDAQ:QAGR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 QAGR
The long term trend has been UP since Jul 19th, 2017 at 202.23
The intermediate term trend has been UP since May 14th, 2018 at 215.86
The short term trend has been DOWN since Jun 15th, 2018 at 217.72
Smart Scan Analysis for QAGR
Based on a pre-defined weighted trend formula for chart analysis, QAGR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||227.68||52wk High Date||2018-01-29|
|52wk Low||192.1||52wk Low Date||2017-06-30|