Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
NASDAQ OMX GLOBAL AGRICULTURE INDEX (NASDAQ:QAGR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 QAGR
The long term trend has been DOWN since Oct 22nd, 2018 at 207.83
The intermediate term trend has been UP since Apr 9th, 2019 at 201.24
The short term trend has been UP since Apr 16th, 2019 at 200.06
Smart Scan Analysis for QAGR
Based on a pre-defined weighted trend formula for chart analysis, QAGR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||227.68||52wk High Date||2018-01-29|
|52wk Low||196.41||52wk Low Date||2018-10-26|