Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
NASDAQ Composite Index CAD (NASDAQ:COMPCAD)
Strong Uptrend (+100) - COMPCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COMPCAD 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 COMPCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMPCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COMPCAD
The long-term trend has been UP since May 20th, 2020 at 1454.78
The intermediate-term trend has been UP since Nov 9th, 2020 at 1737.78
The short-term trend has been UP since Nov 23rd, 2020 at 1745.48
Smart Scan Analysis for COMPCAD
Based on our trend formula, COMPCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).