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Index Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
NewFunds Risk-Controlled WITS SA-Momentum Index TR (CME:NFEMOMT)
Long-Term Uptrend (+90) - NFEMOMT is in a strong uptrend that is likely to continue. While NFEMOMT 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 NFEMOMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NFEMOMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NFEMOMT
The long-term trend has been UP since Nov 14th, 2023 at 168.71
The intermediate-term trend has been UP since Nov 21st, 2024 at 218.72
The short-term trend has been UP since Dec 3rd, 2024 at 220.86
Smart Scan Analysis for NFEMOMT
Based on our trend formula, NFEMOMT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 224.95 | 226.28 | 223.56 | 225.04 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 225.04 | 0 | 2024-12-13 13:09:34 |