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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

NASDAQ BIOTECH INDEX (NASDAQ:NBI)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.

NASDAQ_NBI
Open High Low NBI Price Change
3755.95 3778.01 3739.95 3769.25 +41.19
Entry Signal

MarketClub’s Trade Triangles for NBI

long term up The long term trend has been UP since Nov 1st, 2019 at 3397.07

intermediate term up The intermediate term trend has been UP since Oct 21st, 2019 at 3247.83

short term up The short term trend has been UP since Dec 4th, 2019 at 3769.32

Smart Scan Analysis for NBI

Based on a pre-defined weighted trend formula for chart analysis, NBI scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for NBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3755.95 3778.01 3739.95 3769.25 +41.19
Prev. Close Volume Bid Ask Time
3728.06 0 2019-12-06 17:15:57
52wk High3865.8852wk High Date2018-10-01
52wk Low3152.6852wk Low Date2018-04-06
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