Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
NYSE TAB+ Index (GIF:NYTAB)
Crossroads (-60) - NYTAB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NYTAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYTAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYTAB
The long-term trend has been UP since Jun 5th, 2020 at 1223.63
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1895.40
The short-term trend has been DOWN since Apr 7th, 2021 at 1789.97
Smart Scan Analysis for NYTAB
Based on our trend formula, NYTAB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).