Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Goldman Sachs BRICs Nifty 50 Developed Markets Index TR (CME:N50DMTR)
Strong Uptrend (+100) - N50DMTR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, N50DMTR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid N50DMTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for N50DMTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for N50DMTR
The long-term trend has been UP since Jun 3rd, 2020 at 1852.02
The intermediate-term trend has been UP since Apr 1st, 2021 at 2634.34
The short-term trend has been UP since Apr 14th, 2021 at 2708.18
Smart Scan Analysis for N50DMTR
Based on our trend formula, N50DMTR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2093.92||52wk High Date||2018-01-23|
|52wk Low||1672.25||52wk Low Date||2018-10-29|