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Index Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

NASDAQ COMPOSITE TOTAL RETURN INDEX (NASDAQ:XCMP)

Long-Term Uptrend (+90) - XCMP is in a strong uptrend that is likely to continue. While XCMP 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 XCMP?

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

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

NASDAQ_XCMP
Open High Low XCMP Price Change
14400.56 14491.81 14395.10 14455.83 +132.49
Entry Signal

MarketClub’s Trade Triangles for XCMP

long term up The long-term trend has been UP since Jun 1st, 2020 at 11234.10

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 14110.81

short term up The short-term trend has been UP since Nov 23rd, 2020 at 14142.17

Smart Scan Analysis for XCMP

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

+90
Smart Scan Analysis for XCMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14400.56 14491.81 14395.10 14455.83 +132.49
Prev. Close Volume Bid Ask Time
13205.53 0 2020-11-27 14:15:16
52wk High9415.5752wk High Date2018-08-30
52wk Low7629.1452wk Low Date2018-02-09
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