Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
NASDAQ OMX GLOBAL GOLD & PRECIOUS METALS (NASDAQ:QGLXNNR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 QGLXNNR
The long term trend has been DOWN since Feb 9th, 2018 at 175.91
The intermediate term trend has been UP since Nov 21st, 2018 at 162.87
The short term trend has been UP since Dec 4th, 2018 at 159.66
Smart Scan Analysis for QGLXNNR
Based on a pre-defined weighted trend formula for chart analysis, QGLXNNR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||207.12||52wk High Date||2018-01-25|
|52wk Low||142.23||52wk Low Date||2018-09-11|