Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

NASDAQ OMX GLOBAL GOLD & PRCS MTLS INDEX (NASDAQ:QGLD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_QGLD
Open High Low QGLD Price Change
140.19 141.26 0.00 140.83 +1.23
Entry Signal

MarketClub’s Trade Triangles for QGLD

long term down The long term trend has been DOWN since Feb 9th, 2018 at 161.68

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 163.06

short term up The short term trend has been UP since Aug 20th, 2018 at 139.06

Smart Scan Analysis for QGLD

Based on a pre-defined weighted trend formula for chart analysis, QGLD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for QGLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.19 141.26 0.00 140.83 +1.23
Prev. Close Volume Bid Ask Time
139.60 0 2018-08-21 15:59:59
52wk High194.3652wk High Date2017-09-08
52wk Low135.6552wk Low Date2018-08-17
Want to analyze NASDAQ OMX GLOBAL GOLD & PRCS MTLS INDEX QGLD or another symbol? Try our Free Index Trend Analysis Report.