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Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
NASDAQ Composite (NASDAQ:COMP)
Sidelines Mode (+55) - COMP 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 COMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMP.
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 COMP
The long-term trend has been UP since Jun 1st, 2020 at 9523.64
The intermediate-term trend has been DOWN since May 4th, 2021 at 13698.67
The short-term trend has been UP since May 7th, 2021 at 13795.57
Smart Scan Analysis for COMP
Based on our trend formula, COMP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13723.09 | 13828.62 | 13690.75 | 13752.24 | +119.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13752.24 | 0 | 2021-05-07 17:15:20 |
| 52wk High | 8133.3 | 52wk High Date | 2018-08-30 |
| 52wk Low | 6630.67 | 52wk Low Date | 2018-02-09 |