Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
NASDAQ 100 INDEX PRE MARKET INDICATOR (NASDAQ:QMI)
Sidelines Mode (+55) - QMI 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 QMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMI
The long-term trend has been UP since Jun 2nd, 2020 at 9570.50
The intermediate-term trend has been DOWN since May 4th, 2021 at 13744.84
The short-term trend has been UP since May 7th, 2021 at 13699.21
Smart Scan Analysis for QMI
Based on our trend formula, QMI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7673.65||52wk High Date||2018-10-01|
|52wk Low||6241.58||52wk Low Date||2017-12-06|