Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
NASDAQ OMX Global Automobile Total Return (NASDAQ:QAUTOX)
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 QAUTOX
The long term trend has been DOWN since Nov 12th, 2019 at 302.72
The intermediate term trend has been UP since Jan 13th, 2020 at 356.59
The short term trend has been DOWN since Jan 16th, 2020 at 353.55
Smart Scan Analysis for QAUTOX
Based on a pre-defined weighted trend formula for chart analysis, QAUTOX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||435.97||52wk High Date||2018-01-24|
|52wk Low||314.48||52wk Low Date||2018-10-25|