Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
WILDERHILL NEW ENERGY GLOBAL INNOVATION IND (PACF:NEX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for NEX
The long term trend has been UP since Feb 13th, 2017 at 169.2134
The intermediate term trend has been UP since Sep 5th, 2017 at 188.9968
The short term trend has been DOWN since Sep 21st, 2017 at 197.8491
Smart Scan Analysis for NEX
Based on a pre-defined weighted trend formula for chart analysis, NEX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||199.851||52wk High Date||2017-09-20|
|52wk Low||155.507||52wk Low Date||2016-11-14|