Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Nasdaq-100 ESG Notional Net Total Return Index (NASDAQ:NDXESGN)
Bull Market Weakness (+75) - NDXESGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NDXESGN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NDXESGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXESGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXESGN
The long-term trend has been UP since Oct 27th, 2021 at 1124.77
The intermediate-term trend has been DOWN since Dec 2nd, 2021 at 1144.54
The short-term trend has been UP since Dec 7th, 2021 at 1162.05
Smart Scan Analysis for NDXESGN
Based on our trend formula, NDXESGN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).