Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
NASDAQ OMX GLOBAL GOLD & PRECIOUS METALS (NASDAQ:QGLXNNR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jul 16th, 2018 at 179.46
The short term trend has been DOWN since Aug 7th, 2018 at 171.69
Smart Scan Analysis for QGLXNNR
Based on a pre-defined weighted trend formula for chart analysis, QGLXNNR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||212.18||52wk High Date||2017-09-08|
|52wk Low||150.19||52wk Low Date||2018-08-16|