Index Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Goldman Sachs BRICs Nifty 50 Emerging Markets Index (CME:N50EMPR)
Strong Uptrend (+100) - N50EMPR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, N50EMPR 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 N50EMPR?
MarketClub looks at technical strength and momentum to determine if the timing is right for N50EMPR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for N50EMPR
The long-term trend has been UP since Jul 2nd, 2020 at 1149.96
The intermediate-term trend has been UP since Apr 16th, 2021 at 1548.97
The short-term trend has been UP since May 6th, 2021 at 1549.22
Smart Scan Analysis for N50EMPR
Based on our trend formula, N50EMPR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1439.66||52wk High Date||2018-01-29|
|52wk Low||1051.16||52wk Low Date||2018-10-30|