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Index Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

NASDAQ Composite (NASDAQ:COMP)

Bull Market Weakness (+75) - COMP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COMP as it may be in the beginning stages of a reversal.

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
7975.72 8114.43 7901.94 8090.90 +203.64
Entry Signal

MarketClub’s Trade Triangles for COMP

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 8326.56

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 7880.31

short term up The short-term trend has been UP since Apr 6th, 2020 at 7566.37

Smart Scan Analysis for COMP

Based on our trend formula, COMP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7975.72 8114.43 7901.94 8090.90 +203.64
Prev. Close Volume Bid Ask Time
7774.15 0 2020-04-08 17:15:10
52wk High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
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