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Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
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.
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MarketClub’s Trade Triangles for NDX
The long-term trend has been UP since Jun 1st, 2020 at 9573.55
The intermediate-term trend has been UP since Nov 9th, 2020 at 12117.04
The short-term trend has been UP since Nov 24th, 2020 at 12017.42
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12220.37 | 12306.71 | 12214.45 | 12258.21 | +105.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11279.91 | 0 | 2020-11-27 14:15:16 |
| 52wk High | 7700.56 | 52wk High Date | 2018-10-01 |
| 52wk Low | 6164.43 | 52wk Low Date | 2018-02-09 |