Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
NBC Canadian Family Index (CME:NBCFAM)
Long-Term Uptrend (+90) - NBCFAM is in a strong uptrend that is likely to continue. While NBCFAM 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 NBCFAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for NBCFAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NBCFAM
The long-term trend has been UP since Jul 13th, 2020 at 2095.51
The intermediate-term trend has been UP since May 28th, 2021 at 2971.46
The short-term trend has been UP since Jun 22nd, 2021 at 2972.97
Smart Scan Analysis for NBCFAM
Based on our trend formula, NBCFAM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).