Index Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
NYSE Composite Mini-Index (GIF:NYA)
Sidelines Mode (+55) - NYA 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 NYA?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYA
The long-term trend has been UP since Sep 2nd, 2020 at 13173.97
The intermediate-term trend has been UP since Sep 2nd, 2020 at 13173.97
The short-term trend has been DOWN since Sep 18th, 2020 at 12824.44
Smart Scan Analysis for NYA
Based on our trend formula, NYA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).