Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
NASDAQ Composite Net Total Return (NASDAQ:XCMPNNR)
Countertrend Up (+85) - XCMPNNR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XCMPNNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for XCMPNNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XCMPNNR
The long-term trend has been UP since Jul 3rd, 2019 at 1186.05
The intermediate-term trend has been UP since Oct 15th, 2019 at 1187.62
The short-term trend has been DOWN since Feb 20th, 2020 at 1411.88
Smart Scan Analysis for XCMPNNR
Based on our trend formula, XCMPNNR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).