Index Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
NASDAQ DIVIDEND ACHIEVERS INDEX (NASDAQ:DIVQ)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DIVQ
The long term trend has been UP since Feb 25th, 2019 at 2412.41
The intermediate term trend has been DOWN since May 13th, 2019 at 2587.67
The short term trend has been UP since May 16th, 2019 at 2633.15
Smart Scan Analysis for DIVQ
Based on a pre-defined weighted trend formula for chart analysis, DIVQ scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2478.02||52wk High Date||2018-09-21|
|52wk Low||1956.29||52wk Low Date||2018-02-09|