Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
NYSE TAB+ Index (USD Gross TR) (GIF:NYTABT)
Sidelines Mode (+55) - NYTABT 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 NYTABT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYTABT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYTABT
The long-term trend has been UP since Feb 16th, 2021 at 2298.9
The intermediate-term trend has been UP since Feb 16th, 2021 at 2298.9
The short-term trend has been DOWN since Feb 18th, 2021 at 2263.8
Smart Scan Analysis for NYTABT
Based on our trend formula, NYTABT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).