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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

NASDAQ 100 INDEX (NASDAQ:NDX)

Long-Term Uptrend (+90) - NDX is in a strong uptrend that is likely to continue. While NDX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NDX
Open High Low NDX Price Change
18669.36 18851.99 18664.79 18808.35 +184.96
Entry Signal

MarketClub’s Trade Triangles for NDX

long term up The long-term trend has been UP since Nov 14th, 2023 at 15748.43

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 18152.08

short term up The short-term trend has been UP since May 3rd, 2024 at 17768.87

Smart Scan Analysis for NDX

Based on our trend formula, NDX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18669.36 18851.99 18664.79 18808.35 +184.96
Prev. Close Volume Bid Ask Time
18808.35 0 2024-05-24 17:15:27
52wk High7700.5652wk High Date2018-10-01
52wk Low6164.4352wk Low Date2018-02-09
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