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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

NASDAQ Composite (NASDAQ:COMP)

Strong Uptrend (+100) - COMP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COMP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NASDAQ_COMP
Open High Low COMP Price Change
16988.32 17011.52 16986.44 17002.02 +81.23
Entry Signal

MarketClub’s Trade Triangles for COMP

long term up The long-term trend has been UP since Nov 20th, 2023 at 14309.21

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 16295.27

short term up The short-term trend has been UP since May 28th, 2024 at 16996.39

Smart Scan Analysis for COMP

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

+100
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16988.32 17011.52 16986.44 17002.02 +81.23
Prev. Close Volume Bid Ask Time
16920.79 0 2024-05-28 09:35:32
52wk High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
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