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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
NASDAQ-100 1X SHORT INDEX (NASDAQ:NDXS1)
Sidelines Mode (+55) - NDXS1 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NDXS1?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NDXS1
The long-term trend has been DOWN since Nov 22nd, 2023 at 228.86
The intermediate-term trend has been UP since Apr 15th, 2024 at 212.03
The short-term trend has been DOWN since Apr 24th, 2024 at 217.12
Smart Scan Analysis for NDXS1
Based on our trend formula, NDXS1 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 216.65 | 217.06 | 214.06 | 214.74 | -3.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 218.29 | 0 | 2024-04-26 17:11:00 |
| 52wk High | 727.25 | 52wk High Date | 2018-02-09 |
| 52wk Low | 582.5 | 52wk Low Date | 2018-08-30 |