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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
NASDAQ Composite Index CAD (NASDAQ:COMPCAD)
Sidelines Mode (+55) - COMPCAD 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 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.
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MarketClub’s Trade Triangles for COMPCAD
The long-term trend has been UP since Nov 14th, 2023 at 2143.78
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 2419.40
The short-term trend has been UP since Apr 24th, 2024 at 2401.87
Smart Scan Analysis for COMPCAD
Based on our trend formula, COMPCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2421.78 | 2426.46 | 2397.88 | 2408.56 | +10.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2408.56 | 0 | 2024-04-24 17:15:00 |