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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (CME:N50DMTR)

Weak Uptrend (+65) - N50DMTR is showing signs of weakening momentum to the upside. Monitor N50DMTR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid N50DMTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMTR.

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

CME_N50DMTR
Open High Low N50DMTR Price Change
2692.50 2728.41 2692.15 2715.58 +23.67
Entry Signal

MarketClub’s Trade Triangles for N50DMTR

long term up The long-term trend has been UP since Dec 14th, 2023 at 2579.10

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2698.42

short term up The short-term trend has been UP since Apr 22nd, 2024 at 2664.17

Smart Scan Analysis for N50DMTR

Based on our trend formula, N50DMTR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for N50DMTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2692.50 2728.41 2692.15 2715.58 +23.67
Prev. Close Volume Bid Ask Time
2691.91 0 2024-04-24 21:43:00
52wk High2093.9252wk High Date2018-01-23
52wk Low1672.2552wk Low Date2018-10-29
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