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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.

NASDAQ_COMP
Open High Low COMP Price Change
13723.09 13828.62 13690.75 13752.24 +119.40
Entry Signal

MarketClub’s Trade Triangles for COMP

long term up The long-term trend has been UP since Jun 1st, 2020 at 9523.64

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 13698.67

short term up 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).

+55
Smart Scan Analysis for COMP
Strong Downtrend Sideways 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 High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
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