Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
India ADR/GDR 15 Index (CME:INDIA15P)
Countertrend Up (+85) - INDIA15P 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 INDIA15P?
MarketClub looks at technical strength and momentum to determine if the timing is right for INDIA15P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INDIA15P
The long-term trend has been UP since Jan 12th, 2022 at 4361.27
The intermediate-term trend has been UP since Dec 29th, 2021 at 4041.94
The short-term trend has been DOWN since Jan 18th, 2022 at 4310.55
Smart Scan Analysis for INDIA15P
Based on our trend formula, INDIA15P is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2776.2||52wk High Date||2018-09-04|
|52wk Low||2053.16||52wk Low Date||2018-10-26|