Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, November 19, 2024.
NewFunds Risk-Controlled WITS SA-Momentum Index TR (CME:NFEMOMT)
Sidelines Mode (-55) - NFEMOMT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Nov 12th, 2024 at 213.11
The short-term trend has been UP since Nov 19th, 2024 at 214.43
Smart Scan Analysis for NFEMOMT
Based on our trend formula, NFEMOMT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 213.43 | 215.53 | 213.43 | 214.14 | +0.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 213.44 | 0 | 2024-11-19 05:13:09 |