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Index Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

Goldman Sachs BRICs Nifty 50 Developed Markets Index (CME:N50DMPR)

Weak Uptrend (+65) - N50DMPR is showing signs of weakening momentum to the upside. Monitor N50DMPR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid N50DMPR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMPR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_N50DMPR
Open High Low N50DMPR Price Change
2039.76 2040.27 2010.90 2012.29 -27.24
Entry Signal

MarketClub’s Trade Triangles for N50DMPR

long term up The long-term trend has been UP since Dec 14th, 2023 at 1932.37

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1992.78

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1963.99

Smart Scan Analysis for N50DMPR

Based on our trend formula, N50DMPR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for N50DMPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2039.76 2040.27 2010.90 2012.29 -27.24
Prev. Close Volume Bid Ask Time
2039.53 0 2024-04-30 21:54:15
52wk High1789.552wk High Date2018-01-23
52wk Low1403.7252wk Low Date2018-10-29
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