Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
NASDAQ-100 EX TECH SECTOR TOT RET INDEX (NASDAQ:NXTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NXTR
The long term trend has been DOWN since Oct 3rd, 2019 at 3379.34
The intermediate term trend has been DOWN since Oct 2nd, 2019 at 3439.44
The short term trend has been UP since Oct 7th, 2019 at 3473.24
Smart Scan Analysis for NXTR
Based on a pre-defined weighted trend formula for chart analysis, NXTR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3458.75000000||52wk High Date||2018-09-26|
|52wk Low||2989.92000000||52wk Low Date||2018-02-09|